38, CLARENCE WAY, HORLEY, RH6 9GT - £425,000

38 CLARENCE WAY is a small extended detached house of 101m², built sometime between 1991 and 1995. It was last sold for £425,000 in November 2014, which was around 34% below the average November 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

38 CLARENCE WAY Sold Prices

Land registry data shows two sales for 38 CLARENCE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 38 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
2014 28 NOV	£425,000	£647,291	34% below HPI
2002 11 OCT	£287,500	£370,149	22% below HPI

38 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 two 38 CLARENCE WAY sales from October 2002 and November 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 October 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2014 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 38 CLARENCE WAY?

38 CLARENCE WAY is 101m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses in Horley, based on EPC data. The below chart shows the distribution of detached houses by size in Horley, and where 38 CLARENCE WAY lies on this distribution: 28% of detached houses are smaller than 38 CLARENCE WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Horley.

38 CLARENCE WAY: Plot and Title Map

38 CLARENCE WAY sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 38 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 38 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 38 CLARENCE WAY?

38 CLARENCE WAY is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 38 on CLARENCE WAY.