1, SHERBORNE CLOSE, EPSOM, KT18 5UU - £550,000

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.

1 SHERBORNE CLOSE is a very small extended detached house of 102m², built sometime between 1930 and 1949, which could now be worth an estimated £772,039. It was last sold for £550,000 in August 2014, which was around 14% below the average August 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

1 SHERBORNE CLOSE Sold Prices

Land registry data shows two sales for 1 SHERBORNE CLOSE 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. Both of the two 1 SHERBORNE CLOSE 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
2014 1 AUG	£550,000	£640,176	14% below HPI
2002 17 MAY	£302,500	£351,238	14% below HPI

1 SHERBORNE CLOSE 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 SHERBORNE CLOSE sales from May 2002 and August 2014 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 May 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2014 sale, which was also at 14% below the HPI.

What might 1 SHERBORNE CLOSE be worth now?

1 SHERBORNE CLOSE might now be worth an estimated £772,039.

This is based on house price inflation of 40.4%, between August 2014 and February 2025, for detached 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 40.4% inflationary increase is applied to the most recent sale price for 1 SHERBORNE CLOSE of £550,000 on 1st August 2014. For the value to have increased from £550,000 to £772,039 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 1 SHERBORNE CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The August 2014 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SHERBORNE CLOSE has not materially changed since August 2014.

How Large is 1 SHERBORNE CLOSE?

1 SHERBORNE CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% of detached houses houses in Great Burgh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Burgh, and where 1 SHERBORNE CLOSE lies on this distribution: 19% of detached houses houses are smaller than 1 SHERBORNE CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Great Burgh.

1 SHERBORNE CLOSE: Plot and Title Map

1 SHERBORNE CLOSE sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of 1 SHERBORNE CLOSE, 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 SHERBORNE CLOSE). 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 SHERBORNE CLOSE?

1 SHERBORNE CLOSE is located in EPSOM, in the KT18 postcode district. The below map shows the position of No. 1 on SHERBORNE CLOSE.