31, CLARENCE WAY, HORLEY, RH6 9GT - £287,000

31 CLARENCE WAY is a very small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £287,000 in February 2012, which was around 43% below the average February 2012 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

31 CLARENCE WAY Sold Prices

Land registry data shows three sales for 31 CLARENCE WAY 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 31 CLARENCE WAY 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
2012 15 FEB	£287,000	£503,431	43% below HPI
2005 18 JUL	£288,000	£424,823	32% below HPI
2002 29 JUL	£228,000	£344,098	34% below HPI

31 CLARENCE WAY 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 31 CLARENCE WAY sales between July 2002 and February 2012 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 July 2005 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2012 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 31 CLARENCE WAY?

31 CLARENCE WAY is 77m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses in Horley, based on EPC data. The below chart shows the distribution of detached houses by size in Horley, and where 31 CLARENCE WAY lies on this distribution: 5% of detached houses are smaller than 31 CLARENCE WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Horley.

31 CLARENCE WAY: Plot and Title Map

31 CLARENCE WAY sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 31 CLARENCE WAY, 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 31 CLARENCE WAY). 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 31 CLARENCE WAY?

31 CLARENCE WAY is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 31 on CLARENCE WAY.