34, GROVE ROAD, HORLEY, RH6 8EL - £425,000

34 GROVE ROAD is a small extended detached house of 113m², built sometime between 1930 and 1949. It was last sold for £425,000 in July 2014, which was around 29% below the average July 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

34 GROVE ROAD Sold Prices

Land registry data shows three sales for 34 GROVE ROAD 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 34 GROVE 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
2014 22 JUL	£425,000	£598,744	29% below HPI
2011 7 FEB	£395,000	£507,933	22% below HPI
2000 29 NOV	£80,000	£292,493	73% below HPI

34 GROVE ROAD 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 34 GROVE ROAD sales between November 2000 and July 2014 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2014 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 34 GROVE ROAD?

34 GROVE ROAD is 113m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of detached houses in Horley, based on EPC data. The below chart shows the distribution of detached houses by size in Horley, and where 34 GROVE ROAD lies on this distribution: 39% of detached houses are smaller than 34 GROVE ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Horley.

34 GROVE ROAD: Plot and Title Map

34 GROVE ROAD sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 34 GROVE ROAD, 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 34 GROVE ROAD). 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 34 GROVE ROAD?

34 GROVE ROAD is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 34 on GROVE ROAD.