22, WELLESFORD CLOSE, BANSTEAD, SM7 2HL - £660,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

22 WELLESFORD CLOSE is a midsized detached house of 142m², built sometime between 1967 and 1975, which could now be worth an estimated £744,119. It was last sold for £660,000 in November 2017, which was around 17% below the average November 2017 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was B.

22 WELLESFORD CLOSE Sold Prices

Land registry data shows two sales for 22 WELLESFORD CLOSE since 1^st 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. Both of the two 22 WELLESFORD CLOSE 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
2017 24 NOV	£660,000	£797,035	17% below HPI
2005 8 JUL	£360,000	£445,582	19% below HPI

22 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 two 22 WELLESFORD CLOSE sales from July 2005 and November 2017 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 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2017 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 22 WELLESFORD CLOSE be worth now?

22 WELLESFORD CLOSE might now be worth an estimated £744,119.

This is based on house price inflation of 12.7%, between November 2017 and February 2025, for 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 12.7% inflationary increase is applied to the most recent sale price for 22 WELLESFORD CLOSE of £660,000 on 24th November 2017. For the value to have increased from £660,000 to £744,119 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 22 WELLESFORD CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The November 2017 sale price of £660,000 represented a fair market value for the property.
• The size, condition, and specification of 22 WELLESFORD CLOSE has not materially changed since November 2017.

How Large is 22 WELLESFORD CLOSE?

22 WELLESFORD CLOSE is 142m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 50% of detached houses houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banstead, and where 22 WELLESFORD CLOSE lies on this distribution: 47% of detached houses houses are smaller than 22 WELLESFORD CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Banstead.

22 WELLESFORD CLOSE: Plot and Title Map

22 WELLESFORD CLOSE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 22 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 22 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 22 WELLESFORD CLOSE?

22 WELLESFORD CLOSE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 22 on WELLESFORD CLOSE.