10, SHELLEY CLOSE, BANSTEAD, SM7 1EE - £590,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 SHELLEY CLOSE is a very small extended detached house of 115m², built sometime between 1950 and 1966. It was last sold for £590,000 in May 2015, which was around 8% below the average May 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.

10 SHELLEY CLOSE Sold Prices

Land registry data shows two sales for 10 SHELLEY 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 10 SHELLEY 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
2015 29 MAY	£590,000	£644,013	8% below HPI
2011 12 APR	£470,000	£498,558	6% below HPI

10 SHELLEY 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 10 SHELLEY CLOSE sales from April 2011 and May 2015 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 April 2011 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 10 SHELLEY CLOSE?

10 SHELLEY CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 20% of detached houses in Nork, based on EPC data. The below chart shows the distribution of detached houses by size in Nork, and where 10 SHELLEY CLOSE lies on this distribution: 19% of detached houses are smaller than 10 SHELLEY CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Nork.

10 SHELLEY CLOSE: Plot and Title Map

10 SHELLEY CLOSE sits on a plot of roughly 0.152 of an acre, or 617m². The below map shows the location of 10 SHELLEY 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 10 SHELLEY 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 10 SHELLEY CLOSE?

10 SHELLEY CLOSE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 10 on SHELLEY CLOSE.