151, BALCOMBE ROAD, HORLEY, RH6 9DR - £376,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

151 BALCOMBE ROAD is a small extended semi-detached house of 100m², built sometime between 1930 and 1949, which could now be worth an estimated £500,311. It was last sold for £376,000 in November 2015, which was around 8% below the average November 2015 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was C.

151 BALCOMBE ROAD Sold Prices

Land registry data shows two sales for 151 BALCOMBE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 151 BALCOMBE ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 3 NOV	£376,000	£407,533	8% below HPI
2011 11 FEB	£270,000	£292,714	8% below HPI

151 BALCOMBE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The two 151 BALCOMBE ROAD sales from February 2011 and November 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2011 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2015 sale, which was also at 8% below the HPI.

What might 151 BALCOMBE ROAD be worth now?

151 BALCOMBE ROAD might now be worth an estimated £500,311.

This is based on house price inflation of 33.1%, between November 2015 and May 2026, for semi-detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.1% inflationary increase is applied to the most recent sale price for 151 BALCOMBE ROAD of £376,000 on 3rd November 2015. For the value to have increased from £376,000 to £500,311 over the eleven years and six months to May 2026, the following assumptions must hold true:

• The value of 151 BALCOMBE ROAD has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The November 2015 sale price of £376,000 represented a fair market value for the property.
• The size, condition, and specification of 151 BALCOMBE ROAD has not materially changed since November 2015.

How Large is 151 BALCOMBE ROAD?

151 BALCOMBE ROAD is 100m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the smallest 30% of semi-detached houses houses in Horley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Horley, and where 151 BALCOMBE ROAD lies on this distribution: 25% of semi-detached houses houses are smaller than 151 BALCOMBE ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Horley.

Where is 151 BALCOMBE ROAD?

151 BALCOMBE ROAD is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 151 on BALCOMBE ROAD.