2, STAG LEYS CLOSE, BANSTEAD, SM7 3AH - £1,170,000

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 STAG LEYS CLOSE is a very large extended detached house of 225m², built sometime between 1996 and 2002. It was last sold for £1,170,000 in October 2020, which was around 46% above the average October 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

2 STAG LEYS CLOSE Sold Prices

Land registry data shows three sales for 2 STAG LEYS CLOSE 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 STAG LEYS CLOSE 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
2020 23 OCT	£1,170,000	£799,947	46% above HPI
2015 1 APR	£985,000	£646,402	52% above HPI
2013 15 FEB	£755,000	£525,842	44% above HPI

2 STAG LEYS CLOSE 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 STAG LEYS CLOSE sales between February 2013 and October 2020 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 April 2015 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the October 2020 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 2 STAG LEYS CLOSE?

2 STAG LEYS CLOSE is 225m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% 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 STAG LEYS CLOSE lies on this distribution: 91% of detached houses are smaller than 2 STAG LEYS CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Banstead.

2 STAG LEYS CLOSE: Plot and Title Map

2 STAG LEYS CLOSE sits on a plot of roughly 0.218 of an acre, or 883m². The below map shows the location of 2 STAG LEYS CLOSE, 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 STAG LEYS CLOSE). 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 STAG LEYS CLOSE?

2 STAG LEYS CLOSE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 2 on STAG LEYS CLOSE.