18, GARRATTS LANE, BANSTEAD, SM7 2EA - £965,000

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

18 GARRATTS LANE is a large detached house of 158m², built sometime between 1950 and 1966. It was last sold for £965,000 in January 2021, which was around 20% above the average January 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was D.

18 GARRATTS LANE Sold Prices

Land registry data shows two sales for 18 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 18 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
2021 15 JAN	£965,000	£801,033	20% above HPI
1999 3 DEC	£285,000	£248,662	15% above HPI

18 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 18 GARRATTS LANE sales from December 1999 and January 2021 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 December 1999 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 18 GARRATTS LANE?

18 GARRATTS LANE is 158m² according to the EPC inspection conducted in March 2020. This puts it in the largest 40% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 18 GARRATTS LANE lies on this distribution: 61% of detached houses are smaller than 18 GARRATTS LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Banstead.

18 GARRATTS LANE: Plot and Title Map

18 GARRATTS LANE sits on a plot of roughly 0.189 of an acre, or 764m². The below map shows the location of 18 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 18 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 18 GARRATTS LANE?

18 GARRATTS LANE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 18 on GARRATTS LANE.