23, HILLSIDE, BANSTEAD, SM7 1HG - £705,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 HILLSIDE is a midsized extended detached house of 140m², built sometime between 1930 and 1949, which could now be worth an estimated £780,586. It was last sold for £705,000 in July 2018, which was around 13% below the average July 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was C.

23 HILLSIDE Sold Prices

Land registry data shows two sales for 23 HILLSIDE 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 23 HILLSIDE 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
2018 18 JUL	£705,000	£811,604	13% below HPI
2001 29 AUG	£305,000	£327,965	7% below HPI

23 HILLSIDE 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 23 HILLSIDE sales from August 2001 and July 2018 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 August 2001 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 23 HILLSIDE be worth now?

23 HILLSIDE might now be worth an estimated £780,586.

This is based on house price inflation of 10.7%, between July 2018 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 10.7% inflationary increase is applied to the most recent sale price for 23 HILLSIDE of £705,000 on 18th July 2018. For the value to have increased from £705,000 to £780,586 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 23 HILLSIDE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The July 2018 sale price of £705,000 represented a fair market value for the property.
• The size, condition, and specification of 23 HILLSIDE has not materially changed since July 2018.

How Large is 23 HILLSIDE?

23 HILLSIDE is 140m², which includes two extensions, according to the EPC inspection conducted in December 2017. This puts it in the smallest 50% of detached houses houses in Nork, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nork, and where 23 HILLSIDE lies on this distribution: 43% of detached houses houses are smaller than 23 HILLSIDE, and 57% of houses are larger. Note that EPC data is not available for all properties in Nork.

23 HILLSIDE: Plot and Title Map

23 HILLSIDE sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 23 HILLSIDE, 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 23 HILLSIDE). 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 23 HILLSIDE?

23 HILLSIDE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 23 on HILLSIDE.