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
23 WOODMANSTERNE LANE is a small extended detached house of 118m², built sometime between 1930 and 1949. It was last sold for £970,000 in November 2023, which was around 11% above the average November 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 23 WOODMANSTERNE LANE 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 23 WOODMANSTERNE LANE 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 |
---|---|---|---|
2023 29 NOV | £970,000 | £875,566 | 11% above HPI |
2005 12 AUG | £370,000 | £424,715 | 13% 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 23 WOODMANSTERNE LANE sales from August 2005 and November 2023 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 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2023 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.
23 WOODMANSTERNE LANE is 118m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 30% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 23 WOODMANSTERNE LANE lies on this distribution: 26% of detached houses are smaller than 23 WOODMANSTERNE LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Banstead.
23 WOODMANSTERNE LANE sits on a plot of roughly 0.306 of an acre, or 1,239m². The below map shows the location of 23 WOODMANSTERNE LANE, 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 WOODMANSTERNE LANE). 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.
23 WOODMANSTERNE LANE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 23 on WOODMANSTERNE LANE.