15, OAKLEY GARDENS, BANSTEAD, SM7 2DF - £260,000

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.

15 OAKLEY GARDENS is a very small detached house of 53m², built sometime between 1930 and 1949, which could now be worth an estimated £536,806. It was last sold for £260,000 in August 2004, which was around 40% below the average August 2004 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

15 OAKLEY GARDENS Sold Prices

Land registry data shows three sales for 15 OAKLEY GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 15 OAKLEY GARDENS 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
2004 5 AUG	£260,000	£435,243	40% below HPI
2000 20 JUN	£170,000	£279,144	39% below HPI
1996 21 NOV	£96,000	£162,603	41% below HPI

15 OAKLEY GARDENS 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 three 15 OAKLEY GARDENS sales between November 1996 and August 2004 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 2000 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2004 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 15 OAKLEY GARDENS be worth now?

15 OAKLEY GARDENS might now be worth an estimated £536,806.

This is based on house price inflation of 106.5%, between August 2004 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 106.5% inflationary increase is applied to the most recent sale price for 15 OAKLEY GARDENS of £260,000 on 5th August 2004. For the value to have increased from £260,000 to £536,806 over the 21 years and six months to February 2025, the following assumptions must hold true:

• The value of 15 OAKLEY GARDENS has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The August 2004 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 15 OAKLEY GARDENS has not materially changed since August 2004.

How Large is 15 OAKLEY GARDENS?

15 OAKLEY GARDENS is 53m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% 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 15 OAKLEY GARDENS lies on this distribution: Less than 1% of detached houses houses are smaller than 15 OAKLEY GARDENS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Banstead.

15 OAKLEY GARDENS: Plot and Title Map

15 OAKLEY GARDENS sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 15 OAKLEY GARDENS, 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 15 OAKLEY GARDENS). 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 15 OAKLEY GARDENS?

15 OAKLEY GARDENS is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 15 on OAKLEY GARDENS.