12A, FAIRLAWN GROVE, BANSTEAD, SM7 3BN - £512,500

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

12A FAIRLAWN GROVE is a very small extended detached house of 104m², built sometime between 1930 and 1949. It was last sold for £512,500 in August 2015, which was around 25% below the average August 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

12A FAIRLAWN GROVE Sold Prices

Land registry data shows two sales for 12A FAIRLAWN GROVE 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. Both of the two 12A FAIRLAWN GROVE sales were 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
2015 17 AUG	£512,500	£683,930	25% below HPI
2012 23 MAY	£285,000	£501,698	43% below HPI

12A FAIRLAWN GROVE 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 12A FAIRLAWN GROVE sales from May 2012 and August 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 May 2012 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2015 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 12A FAIRLAWN GROVE?

12A FAIRLAWN GROVE is 104m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the smallest 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 12A FAIRLAWN GROVE lies on this distribution: 14% of detached houses are smaller than 12A FAIRLAWN GROVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Banstead.

12A FAIRLAWN GROVE: Plot and Title Map

12A FAIRLAWN GROVE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 12A FAIRLAWN GROVE, 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 12A FAIRLAWN GROVE). 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 12A FAIRLAWN GROVE?

12A FAIRLAWN GROVE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 12A on FAIRLAWN GROVE.