11, WELLESFORD CLOSE, BANSTEAD, SM7 2HL - £515,000

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

11 WELLESFORD CLOSE is a very large extended detached house of 197m², built sometime between 1950 and 1966. It was last sold for £515,000 in November 2013, which was around 6% below the average November 2013 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

11 WELLESFORD CLOSE Sold Prices

Land registry data shows two sales for 11 WELLESFORD 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. One of the two 11 WELLESFORD CLOSE 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
2013 29 NOV	£515,000	£548,482	6% below HPI
2006 30 MAR	£490,000	£425,102	15% above HPI

11 WELLESFORD 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 11 WELLESFORD CLOSE sales from March 2006 and November 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 March 2006 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2013 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 11 WELLESFORD CLOSE?

11 WELLESFORD CLOSE is 197m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the largest 20% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 11 WELLESFORD CLOSE lies on this distribution: 82% of detached houses are smaller than 11 WELLESFORD CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Banstead.

11 WELLESFORD CLOSE: Plot and Title Map

11 WELLESFORD CLOSE sits on a plot of roughly 0.273 of an acre, or 1,106m². The below map shows the location of 11 WELLESFORD 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 WELLESFORD 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 WELLESFORD CLOSE?

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