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

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.

17 THE READENS is a very small detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £532,761. It was last sold for £300,000 in March 2010, which was around 41% 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	£506,017	41% below HPI
2001 9 FEB	£190,000	£307,814	38% below HPI
1997 10 JAN	£105,000	£166,675	37% 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 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2010 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 17 THE READENS be worth now?

17 THE READENS might now be worth an estimated £532,761.

This is based on house price inflation of 77.6%, between March 2010 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 77.6% inflationary increase is applied to the most recent sale price for 17 THE READENS of £300,000 on 24th March 2010. For the value to have increased from £300,000 to £532,761 over the fifteen years and one month to February 2025, the following assumptions must hold true:

• The value of 17 THE READENS has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The March 2010 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 17 THE READENS has not materially changed since March 2010.

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 houses in Woodmansterne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodmansterne, and where 17 THE READENS lies on this distribution: 4% of detached houses 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.