17, THE READENS, BANSTEAD, SM7 3JT - £300,000

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

17 THE READENS is a very small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £300,000 in March 2010, which was around 38% below the average March 2010 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2008, where the current energy rating was D, and the potential energy rating was C.

17 THE READENS Sold Prices

Land registry data shows three sales for 17 THE READENS 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 17 THE READENS 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
2010 24 MAR	£300,000	£482,443	38% below HPI
2001 9 FEB	£190,000	£293,473	35% below HPI
1997 10 JAN	£105,000	£158,910	34% below HPI

17 THE READENS 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 17 THE READENS sales between January 1997 and March 2010 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2010 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 17 THE READENS?

17 THE READENS is 84m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 10% of detached houses in Woodmansterne, based on EPC data. The below chart shows the distribution of detached houses by size in Woodmansterne, and where 17 THE READENS lies on this distribution: 4% of detached houses are smaller than 17 THE READENS, and 96% of houses are larger. Note that EPC data is not available for all properties in Woodmansterne.

17 THE READENS: Plot and Title Map

17 THE READENS sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 17 THE READENS, 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 THE READENS). 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 THE READENS?

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