1, GREY ALDERS, BANSTEAD, SM7 1NL - £490,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 GREY ALDERS is a large detached house of 163m², built sometime between 1991 and 1995. It was last sold for £490,000 in December 2012, which was around 6% below the average December 2012 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

1 GREY ALDERS Sold Prices

Land registry data shows two sales for 1 GREY ALDERS 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. One of the two 1 GREY ALDERS sales was for below the average price, whilst the other 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
2012 20 DEC	£490,000	£519,503	6% below HPI
1999 8 OCT	£280,000	£242,492	15% above HPI

1 GREY ALDERS 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 1 GREY ALDERS sales from October 1999 and December 2012 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 1999 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2012 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 1 GREY ALDERS?

1 GREY ALDERS is 163m² according to the EPC inspection conducted in September 2010. This puts it in the largest 40% of detached houses in Nork, based on EPC data. The below chart shows the distribution of detached houses by size in Nork, and where 1 GREY ALDERS lies on this distribution: 63% of detached houses are smaller than 1 GREY ALDERS, and 37% of houses are larger. Note that EPC data is not available for all properties in Nork.

1 GREY ALDERS: Plot and Title Map

1 GREY ALDERS sits on a plot of roughly 0.725 of an acre, or 2,934m². The below map shows the location of 1 GREY ALDERS, 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 1 GREY ALDERS). 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 1 GREY ALDERS?

1 GREY ALDERS is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 1 on GREY ALDERS.