2, OAKLEY GARDENS, BANSTEAD, SM7 2DF - £562,500

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.

2 OAKLEY GARDENS is a very small extended semi-detached house of 103m², built sometime between 1930 and 1949, which could now be worth an estimated £623,766. It was last sold for £562,500 in January 2021, which was around 18% above the average January 2021 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

2 OAKLEY GARDENS Sold Prices

Land registry data shows two sales for 2 OAKLEY GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 2 OAKLEY GARDENS 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 29 JAN	£562,500	£476,940	18% above HPI
2010 20 JUL	£385,000	£299,344	29% above HPI

2 OAKLEY GARDENS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The two 2 OAKLEY GARDENS sales from July 2010 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 July 2010 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the January 2021 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 2 OAKLEY GARDENS be worth now?

2 OAKLEY GARDENS might now be worth an estimated £623,766.

This is based on house price inflation of 10.9%, between January 2021 and February 2025, for semi-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 10.9% inflationary increase is applied to the most recent sale price for 2 OAKLEY GARDENS of £562,500 on 29th January 2021. For the value to have increased from £562,500 to £623,766 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 OAKLEY GARDENS has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The January 2021 sale price of £562,500 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKLEY GARDENS has not materially changed since January 2021.

How Large is 2 OAKLEY GARDENS?

2 OAKLEY GARDENS is 103m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 20% of semi-detached houses houses in Banstead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Banstead, and where 2 OAKLEY GARDENS lies on this distribution: 14% of semi-detached houses houses are smaller than 2 OAKLEY GARDENS, and 86% of houses are larger. Note that EPC data is not available for all properties in Banstead.

2 OAKLEY GARDENS: Plot and Title Map

2 OAKLEY GARDENS sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 2 OAKLEY GARDENS, 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 OAKLEY GARDENS). 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 OAKLEY GARDENS?

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