2, HOME MEADOW, BANSTEAD, SM7 2DX - £895,000

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

2 HOME MEADOW is a large extended detached house of 174m², built sometime between 1983 and 1990. It was last sold for £895,000 in June 2021, which was around 15% above the average June 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

2 HOME MEADOW Sold Prices

Land registry data shows five sales for 2 HOME MEADOW since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the five 2 HOME MEADOW 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 16 JUN	£895,000	£781,469	15% above HPI
2019 29 MAR	£775,000	£728,666	6% above HPI
2007 10 JAN	£499,000	£452,806	10% above HPI
2002 15 JAN	£465,000	£321,070	45% above HPI
1999 11 JUN	£340,000	£215,767	58% above HPI

2 HOME MEADOW 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 five 2 HOME MEADOW sales between June 1999 and June 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 March 2019 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 2 HOME MEADOW?

2 HOME MEADOW is 174m², which includes one extension, according to the EPC inspection conducted in June 2017. 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 2 HOME MEADOW lies on this distribution: 72% of detached houses are smaller than 2 HOME MEADOW, and 28% of houses are larger. Note that EPC data is not available for all properties in Banstead.

2 HOME MEADOW: Plot and Title Map

2 HOME MEADOW sits on a plot of roughly 0.171 of an acre, or 694m². The below map shows the location of 2 HOME MEADOW, 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 HOME MEADOW). 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 HOME MEADOW?

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