16, GERALDS GROVE, BANSTEAD, SM7 1NE - £700,000

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

16 GERALDS GROVE is a small extended detached house of 137m², built sometime between 1976 and 1982, which could now be worth an estimated £784,120. It was last sold for £700,000 in August 2020, which was around 13% below the average August 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

16 GERALDS GROVE Sold Prices

Land registry data shows three sales for 16 GERALDS GROVE 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 16 GERALDS 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
2020 17 AUG	£700,000	£805,578	13% below HPI
2019 22 JUL	£540,000	£781,265	31% below HPI
2001 30 MAY	£276,000	£313,608	12% below HPI

16 GERALDS 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 three 16 GERALDS GROVE sales between May 2001 and August 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 July 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 16 GERALDS GROVE be worth now?

16 GERALDS GROVE might now be worth an estimated £784,120.

This is based on house price inflation of 12%, between August 2020 and December 2024, 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 12% inflationary increase is applied to the most recent sale price for 16 GERALDS GROVE of £700,000 on 17th August 2020. For the value to have increased from £700,000 to £784,120 over the three years and eight months to December 2024, the following assumptions must hold true:

• The value of 16 GERALDS GROVE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The August 2020 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GERALDS GROVE has not materially changed since August 2020.

How Large is 16 GERALDS GROVE?

16 GERALDS GROVE is 137m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 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 16 GERALDS GROVE lies on this distribution: 39% of detached houses houses are smaller than 16 GERALDS GROVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Nork.

16 GERALDS GROVE: Plot and Title Map

16 GERALDS GROVE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 16 GERALDS 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 16 GERALDS 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 16 GERALDS GROVE?

16 GERALDS GROVE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 16 on GERALDS GROVE.