17, GARRATTS LANE, BANSTEAD, SM7 2DZ - £840,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

17 GARRATTS LANE is a large extended detached house of 173m², built sometime between 1930 and 1949. It was last sold for £840,000 in July 2015, which was around 25% above the average July 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was D.

17 GARRATTS LANE Sold Prices

Land registry data shows two sales for 17 GARRATTS LANE 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 17 GARRATTS LANE sales were for above 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 20 JUL	£840,000	£669,898	25% above HPI
2001 7 FEB	£330,000	£293,473	12% above HPI

17 GARRATTS LANE 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 17 GARRATTS LANE sales from February 2001 and July 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 February 2001 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2015 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 17 GARRATTS LANE?

17 GARRATTS LANE is 173m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 30% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 17 GARRATTS LANE lies on this distribution: 72% of detached houses are smaller than 17 GARRATTS LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Banstead.

17 GARRATTS LANE: Plot and Title Map

17 GARRATTS LANE sits on a plot of roughly 0.206 of an acre, or 835m². The below map shows the location of 17 GARRATTS LANE, 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 17 GARRATTS LANE). 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 17 GARRATTS LANE?

17 GARRATTS LANE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 17 on GARRATTS LANE.