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
25 GRANGE MEADOW is a small extended detached house of 117m², built sometime between 1930 and 1949. It was last sold for £850,000 in December 2021, which was around 2% above the average December 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 25 GRANGE MEADOW since 1st 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 25 GRANGE MEADOW 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 |
---|---|---|---|
2021 7 DEC | £850,000 | £833,277 | 2% above HPI |
2016 25 NOV | £615,000 | £731,349 | 16% below HPI |
1999 26 OCT | £245,000 | £242,492 | 1% above 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 three 25 GRANGE MEADOW sales between October 1999 and December 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 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.
25 GRANGE MEADOW is 117m², which includes one extension, according to the EPC inspection conducted in March 2024. 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 25 GRANGE MEADOW lies on this distribution: 25% of detached houses are smaller than 25 GRANGE MEADOW, and 75% of houses are larger. Note that EPC data is not available for all properties in Banstead.
25 GRANGE MEADOW sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 25 GRANGE MEADOW, 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 25 GRANGE MEADOW). 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.
25 GRANGE MEADOW is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 25 on GRANGE MEADOW.