3, KILN LANE, HORLEY, RH6 8JG - £387,000

3 KILN LANE is a very small extended detached house of 90m², built sometime between 1976 and 1982. It was last sold for £387,000 in January 2016, which was around 45% below the average January 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

3 KILN LANE Sold Prices

Land registry data shows three sales for 3 KILN LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 3 KILN LANE 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
2016 29 JAN	£387,000	£705,733	45% below HPI
2006 21 FEB	£245,000	£423,491	42% below HPI
1999 29 OCT	£128,500	£242,492	47% below HPI

3 KILN LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The three 3 KILN LANE sales between October 1999 and January 2016 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 2006 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the January 2016 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 3 KILN LANE?

3 KILN LANE is 90m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% of detached houses in Horley, based on EPC data. The below chart shows the distribution of detached houses by size in Horley, and where 3 KILN LANE lies on this distribution: 14% of detached houses are smaller than 3 KILN LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Horley.

3 KILN LANE: Plot and Title Map

3 KILN LANE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 3 KILN LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 KILN LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 KILN LANE?

3 KILN LANE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 3 on KILN LANE.