28, FAIRLAWN GROVE, BANSTEAD, SM7 3BN - £545,000

28 FAIRLAWN GROVE is a very small extended detached house of 83m², built sometime between 1930 and 1949. It was last sold for £545,000 in August 2019, which was around 28% below the average August 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was A.

28 FAIRLAWN GROVE Sold Prices

Land registry data shows three sales for 28 FAIRLAWN GROVE 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 28 FAIRLAWN GROVE 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
2019 2 AUG	£545,000	£756,209	28% below HPI
2014 13 JUN	£420,000	£587,609	29% below HPI
2006 8 DEC	£280,000	£443,051	37% below HPI

28 FAIRLAWN GROVE 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 28 FAIRLAWN GROVE sales between December 2006 and August 2019 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 June 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2019 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 28 FAIRLAWN GROVE?

28 FAIRLAWN GROVE is 83m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the smallest 10% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 28 FAIRLAWN GROVE lies on this distribution: 5% of detached houses are smaller than 28 FAIRLAWN GROVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Banstead.

28 FAIRLAWN GROVE: Plot and Title Map

28 FAIRLAWN GROVE sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 28 FAIRLAWN GROVE, 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 28 FAIRLAWN GROVE). 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 28 FAIRLAWN GROVE?

28 FAIRLAWN GROVE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 28 on FAIRLAWN GROVE.