GREENBANKS, KENILWORTH CLOSE, BANSTEAD, SM7 2BJ - £831,000

GREENBANKS is a very large extended detached house of 257m², built sometime between 1900 and 1929. It was last sold for £831,000 in January 2013, which was around 58% above the average January 2013 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

GREENBANKS Sold Prices

Land registry data shows three sales for GREENBANKS 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 GREENBANKS sales were 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
2013 4 JAN	£831,000	£525,637	58% above HPI
2005 13 JUL	£575,000	£424,823	35% above HPI
2003 7 NOV	£535,000	£391,382	37% above HPI

GREENBANKS 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 GREENBANKS sales between November 2003 and January 2013 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 2005 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the January 2013 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is GREENBANKS?

GREENBANKS is 257m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 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 GREENBANKS lies on this distribution: 95% of detached houses are smaller than GREENBANKS, and 5% of houses are larger. Note that EPC data is not available for all properties in Banstead.

GREENBANKS: Plot and Title Map

GREENBANKS sits on a plot of roughly 0.386 of an acre, or 1,563m². The below map shows the location of GREENBANKS, 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 GREENBANKS). 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 GREENBANKS?

GREENBANKS is located on KENILWORTH CLOSE in BANSTEAD, in the SM7 postcode district. The below map shows the position of GREENBANKS on KENILWORTH CLOSE.