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

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.

11 WELLESFORD CLOSE is a very large extended detached house of 197m², built sometime between 1950 and 1966, which could now be worth an estimated £804,454. It was last sold for £515,000 in November 2013, which was around 10% 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	£575,284	10% below HPI
2006 30 MAR	£490,000	£445,875	10% 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 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2013 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 11 WELLESFORD CLOSE be worth now?

11 WELLESFORD CLOSE might now be worth an estimated £804,454.

This is based on house price inflation of 56.2%, between November 2013 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 56.2% inflationary increase is applied to the most recent sale price for 11 WELLESFORD CLOSE of £515,000 on 29th November 2013. For the value to have increased from £515,000 to £804,454 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 11 WELLESFORD CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The November 2013 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 11 WELLESFORD CLOSE has not materially changed since November 2013.

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 houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banstead, and where 11 WELLESFORD CLOSE lies on this distribution: 82% of detached houses 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.