42, DARENTH WAY, HORLEY, RH6 8JZ - £435,000

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.

42 DARENTH WAY is a very small terraced house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £424,550. It was last sold for £435,000 in October 2022, which was around 1% below the average October 2022 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

42 DARENTH WAY Sold Prices

Land registry data shows four sales for 42 DARENTH WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. Two of the four 42 DARENTH WAY sales were for below the average price, whilst one was for above 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
2022 3 OCT	£435,000	£440,393	1% below HPI
2018 31 JUL	£325,000	£370,703	12% below HPI
2007 26 OCT	£249,950	£249,859	Close to HPI
2001 22 OCT	£152,000	£140,263	8% above HPI

42 DARENTH WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The four 42 DARENTH WAY sales between October 2001 and October 2022 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 2018 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 42 DARENTH WAY be worth now?

42 DARENTH WAY might now be worth an estimated £424,550.

This is based on house price deflation of 2.4%, between October 2022 and July 2025, for terraced 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 2.4% deflationary decrease is applied to the most recent sale price for 42 DARENTH WAY of £435,000 on 3rd October 2022. For the value to have decreased from £435,000 to £424,550 over the three years and three months to July 2025, the following assumptions must hold true:

• The value of 42 DARENTH WAY has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The October 2022 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 42 DARENTH WAY has not materially changed since October 2022.

How Large is 42 DARENTH WAY?

42 DARENTH WAY is 68m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% of terraced houses houses in Horley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Horley, and where 42 DARENTH WAY lies on this distribution: 2% of terraced houses houses are smaller than 42 DARENTH WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Horley.

42 DARENTH WAY: Plot and Title Map

42 DARENTH WAY sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 42 DARENTH 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 42 DARENTH 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 42 DARENTH WAY?

42 DARENTH WAY is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 42 on DARENTH WAY.