12, HEIGHTS CLOSE, BANSTEAD, SM7 1DR - £843,680

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 HEIGHTS CLOSE is a large detached house of 160m², built sometime between 1950 and 1966, which could now be worth an estimated £927,814. It was last sold for £843,680 in March 2021, which was around 3% above the average March 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was D.

12 HEIGHTS CLOSE Sold Prices

Land registry data shows two sales for 12 HEIGHTS 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 12 HEIGHTS CLOSE sales was for above the average price, whilst the other was 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
2021 23 MAR	£843,680	£817,133	3% above HPI
2002 1 FEB	£321,000	£343,273	6% below HPI

12 HEIGHTS 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 12 HEIGHTS CLOSE sales from February 2002 and March 2021 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 February 2002 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2021 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 12 HEIGHTS CLOSE be worth now?

12 HEIGHTS CLOSE might now be worth an estimated £927,814.

This is based on house price inflation of 10%, between March 2021 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 10% inflationary increase is applied to the most recent sale price for 12 HEIGHTS CLOSE of £843,680 on 23rd March 2021. For the value to have increased from £843,680 to £927,814 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 12 HEIGHTS CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The March 2021 sale price of £843,680 represented a fair market value for the property.
• The size, condition, and specification of 12 HEIGHTS CLOSE has not materially changed since March 2021.

How Large is 12 HEIGHTS CLOSE?

12 HEIGHTS CLOSE is 160m² according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses houses in Nork, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nork, and where 12 HEIGHTS CLOSE lies on this distribution: 62% of detached houses houses are smaller than 12 HEIGHTS CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Nork.

12 HEIGHTS CLOSE: Plot and Title Map

12 HEIGHTS CLOSE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 12 HEIGHTS 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 12 HEIGHTS 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 12 HEIGHTS CLOSE?

12 HEIGHTS CLOSE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 12 on HEIGHTS CLOSE.