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
22 HOLLY LANE WEST is a small extended detached house of 130m², built sometime between 1950 and 1966. It was last sold for £810,000 in June 2021, which was around 4% above 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 C.
Land registry data shows two sales for 22 HOLLY LANE WEST since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. One of the two 22 HOLLY LANE WEST sales was for above the average price, whilst the other was 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 16 JUN | £810,000 | £781,469 | 4% above HPI |
2008 5 NOV | £420,000 | £457,104 | 8% below HPI |
The below graph shows the average detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The two 22 HOLLY LANE WEST sales from November 2008 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 November 2008 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.
22 HOLLY LANE WEST is 130m², which includes two extensions, according to the EPC inspection conducted in January 2021. This puts it in the smallest 40% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 22 HOLLY LANE WEST lies on this distribution: 36% of detached houses are smaller than 22 HOLLY LANE WEST, and 62% of houses are larger. Note that EPC data is not available for all properties in Banstead.
22 HOLLY LANE WEST sits on a plot of roughly 0.230 of an acre, or 929m². The below map shows the location of 22 HOLLY LANE WEST, 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 22 HOLLY LANE WEST). 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.
22 HOLLY LANE WEST is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 22 on HOLLY LANE WEST.