16, GARRATTS LANE, BANSTEAD, SM7 2EA - £1,150,000

16 GARRATTS LANE is a very large extended detached house of 214m², built sometime between 1930 and 1949. It was last sold for £1,150,000 in May 2018, which was around 54% above the average May 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

16 GARRATTS LANE Sold Prices

Land registry data shows three sales for 16 GARRATTS 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. Two of the three 16 GARRATTS LANE sales were for above the average price, whilst one was 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
2018 29 MAY	£1,150,000	£747,103	54% above HPI
2009 7 JAN	£500,000	£434,417	15% above HPI
2003 27 JUN	£385,000	£395,394	3% below HPI

16 GARRATTS 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 16 GARRATTS LANE sales between June 2003 and May 2018 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 January 2009 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2018 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 16 GARRATTS LANE?

16 GARRATTS LANE is 214m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the largest 20% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 16 GARRATTS LANE lies on this distribution: 87% of detached houses are smaller than 16 GARRATTS LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Banstead.

16 GARRATTS LANE: Plot and Title Map

16 GARRATTS LANE sits on a plot of roughly 0.197 of an acre, or 798m². The below map shows the location of 16 GARRATTS 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 16 GARRATTS 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 16 GARRATTS LANE?

16 GARRATTS LANE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 16 on GARRATTS LANE.