24, GARRATTS LANE, BANSTEAD, SM7 2EA - £967,500

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

24 GARRATTS LANE is a midsized detached house of 143m², built sometime between 1950 and 1966. It was last sold for £967,500 in December 2022, which was around 7% above the average December 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

24 GARRATTS LANE Sold Prices

Land registry data shows three sales for 24 GARRATTS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Two of the three 24 GARRATTS LANE sales were for above the average price, whilst one 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
2022 12 DEC	£967,500	£906,408	7% above HPI
2022 31 OCT	£957,705	£913,499	5% above HPI
1999 24 SEP	£215,000	£235,550	9% below HPI

24 GARRATTS LANE 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 three 24 GARRATTS LANE sales between September 1999 and December 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 October 2022 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2022 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 24 GARRATTS LANE?

24 GARRATTS LANE is 143m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 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 24 GARRATTS LANE lies on this distribution: 48% of detached houses are smaller than 24 GARRATTS LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Banstead.

24 GARRATTS LANE: Plot and Title Map

24 GARRATTS LANE sits on a plot of roughly 0.217 of an acre, or 880m². The below map shows the location of 24 GARRATTS 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 24 GARRATTS 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.

Where is 24 GARRATTS LANE?

24 GARRATTS LANE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 24 on GARRATTS LANE.