14, ROWAN CLOSE, BANSTEAD, SM7 1BL - £615,000

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

14 ROWAN CLOSE is a small detached house of 125m², built sometime from 2007 onwards. It was last sold for £615,000 in September 2020, which was around 22% below the average September 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

14 ROWAN CLOSE Sold Prices

Land registry data shows two sales for 14 ROWAN 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 14 ROWAN CLOSE sales was for below the average price, whilst the other was roughly equal to 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
2020 3 SEP	£615,000	£788,660	22% below HPI
2009 12 JUN	£425,000	£423,710	Close to HPI

14 ROWAN 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 14 ROWAN CLOSE sales from June 2009 and September 2020 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 June 2009 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 14 ROWAN CLOSE?

14 ROWAN CLOSE is 125m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% of detached houses in Nork, based on EPC data. The below chart shows the distribution of detached houses by size in Nork, and where 14 ROWAN CLOSE lies on this distribution: 26% of detached houses are smaller than 14 ROWAN CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Nork.

14 ROWAN CLOSE: Plot and Title Map

14 ROWAN CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 14 ROWAN 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 14 ROWAN 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 14 ROWAN CLOSE?

14 ROWAN CLOSE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 14 on ROWAN CLOSE.