118, HOLLY LANE EAST, BANSTEAD, SM7 2BE - £1,150,000

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

118 HOLLY LANE EAST is a large extended detached house of 172m², built sometime between 1930 and 1949. It was last sold for £1,150,000 in June 2023, which was around 32% above the average June 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

118 HOLLY LANE EAST Sold Prices

Land registry data shows four sales for 118 HOLLY LANE EAST since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 118 HOLLY LANE EAST sales were 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
2023 19 JUN	£1,150,000	£873,266	32% above HPI
2016 13 MAY	£785,000	£709,506	11% above HPI
2008 3 APR	£675,000	£506,930	33% above HPI
2003 26 JUN	£480,000	£395,394	21% above HPI

118 HOLLY LANE EAST 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 four 118 HOLLY LANE EAST sales between June 2003 and June 2023 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 2016 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2023 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 118 HOLLY LANE EAST?

118 HOLLY LANE EAST is 172m², which includes four extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 30% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 118 HOLLY LANE EAST lies on this distribution: 71% of detached houses are smaller than 118 HOLLY LANE EAST, and 29% of houses are larger. Note that EPC data is not available for all properties in Banstead.

118 HOLLY LANE EAST: Plot and Title Map

118 HOLLY LANE EAST sits on a plot of roughly 0.182 of an acre, or 736m². The below map shows the location of 118 HOLLY LANE EAST, 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 118 HOLLY LANE EAST). 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 118 HOLLY LANE EAST?

118 HOLLY LANE EAST is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 118 on HOLLY LANE EAST.