11, LARCHWOOD CLOSE, BANSTEAD, SM7 1HE - £647,500

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

11 LARCHWOOD CLOSE is a small detached house of 133m², built sometime between 1930 and 1949. It was last sold for £647,500 in November 2015, which was around 6% below the average November 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

11 LARCHWOOD CLOSE Sold Prices

Land registry data shows three sales for 11 LARCHWOOD CLOSE 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. Two of the three 11 LARCHWOOD CLOSE sales were for below the average price, whilst one 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
2015 17 NOV	£647,500	£689,288	6% below HPI
2005 4 MAR	£436,000	£403,476	8% above HPI
1997 1 DEC	£149,950	£191,597	22% below HPI

11 LARCHWOOD 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 three 11 LARCHWOOD CLOSE sales between December 1997 and November 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 March 2005 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2015 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 11 LARCHWOOD CLOSE?

11 LARCHWOOD CLOSE is 133m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 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 11 LARCHWOOD CLOSE lies on this distribution: 35% of detached houses are smaller than 11 LARCHWOOD CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Nork.

11 LARCHWOOD CLOSE: Plot and Title Map

11 LARCHWOOD CLOSE sits on a plot of roughly 0.204 of an acre, or 824m². The below map shows the location of 11 LARCHWOOD 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 11 LARCHWOOD 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 11 LARCHWOOD CLOSE?

11 LARCHWOOD CLOSE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 11 on LARCHWOOD CLOSE.