21B, WELLESFORD CLOSE, BANSTEAD, SM7 2HL - £855,000

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

21B WELLESFORD CLOSE is a midsized detached house of 147m², built sometime between 1983 and 1990. It was last sold for £855,000 in February 2022, which was around 3% above the average February 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

21B WELLESFORD CLOSE Sold Prices

Land registry data shows four sales for 21B WELLESFORD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. two of the four 21B WELLESFORD CLOSE sales were for above the average price, and four 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
2022 11 FEB	£855,000	£826,620	3% above HPI
2015 16 JAN	£520,000	£633,774	18% below HPI
2004 20 MAY	£398,000	£394,124	1% above HPI
2001 2 JAN	£247,500	£292,702	15% below HPI

21B WELLESFORD 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 four 21B WELLESFORD CLOSE sales between January 2001 and February 2022 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 January 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 21B WELLESFORD CLOSE?

21B WELLESFORD CLOSE is 147m² according to the EPC inspection conducted in March 2013. This puts it in the largest 50% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 21B WELLESFORD CLOSE lies on this distribution: 52% of detached houses are smaller than 21B WELLESFORD CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Banstead.

21B WELLESFORD CLOSE: Plot and Title Map

21B WELLESFORD CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 21B WELLESFORD 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 21B WELLESFORD 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 21B WELLESFORD CLOSE?

21B WELLESFORD CLOSE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 21B on WELLESFORD CLOSE.