2, GERALDS GROVE, BANSTEAD, SM7 1NE - £499,000

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

2 GERALDS GROVE is a large extended detached house of 167m², built sometime between 1983 and 1990. It was last sold for £499,000 in July 2012, which was around 1% below the average July 2012 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2022, where the current energy rating was B, and the potential energy rating was A.

2 GERALDS GROVE Sold Prices

Land registry data shows three sales for 2 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 2 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
2012 19 JUL	£499,000	£504,887	1% below HPI
2008 7 MAY	£411,000	£518,562	21% below HPI
1998 22 APR	£189,950	£194,362	2% below HPI

2 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 2 GERALDS GROVE sales between April 1998 and July 2012 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 May 2008 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2012 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 2 GERALDS GROVE?

2 GERALDS GROVE is 167m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of detached houses in Nork, based on EPC data. The below chart shows the distribution of detached houses by size in Nork, and where 2 GERALDS GROVE lies on this distribution: 67% of detached houses are smaller than 2 GERALDS GROVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Nork.

2 GERALDS GROVE: Plot and Title Map

2 GERALDS GROVE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 2 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 2 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 2 GERALDS GROVE?

2 GERALDS GROVE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 2 on GERALDS GROVE.