20, THE LAURELS, BANSTEAD, SM7 2HG - £590,000

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

20 THE LAURELS is a very small extended semi-detached house of 109m², built sometime between 1983 and 1990. It was last sold for £590,000 in June 2021, which was around 25% below the average June 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

20 THE LAURELS Sold Prices

Land registry data shows three sales for 20 THE LAURELS 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 20 THE LAURELS 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
2021 25 JUN	£590,000	£781,469	25% below HPI
2006 9 OCT	£385,000	£436,876	12% below HPI
2001 27 MAR	£240,000	£294,992	19% below HPI

20 THE LAURELS 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 20 THE LAURELS sales between March 2001 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 October 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 20 THE LAURELS?

20 THE LAURELS is 109m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 20% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 20 THE LAURELS lies on this distribution: 18% of detached houses are smaller than 20 THE LAURELS, and 81% of houses are larger. Note that EPC data is not available for all properties in Banstead.

20 THE LAURELS: Plot and Title Map

20 THE LAURELS sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 20 THE LAURELS, 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 20 THE LAURELS). 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 20 THE LAURELS?

20 THE LAURELS is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 20 on THE LAURELS.