28, LARCHWOOD CLOSE, BANSTEAD, SM7 1HE - £800,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

28 LARCHWOOD CLOSE is a large extended detached house of 164m², built sometime between 1950 and 1966. It was last sold for £800,000 in March 2024, which was around 6% below the average March 2024 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

28 LARCHWOOD CLOSE Sold Prices

Land registry data shows four sales for 28 LARCHWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Most of the four 28 LARCHWOOD CLOSE sales were for above 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
2024 8 MAR	£800,000	£854,674	6% below HPI
2015 4 JUN	£770,000	£661,308	16% above HPI
2006 11 AUG	£550,000	£437,262	26% above HPI
2000 9 JUN	£320,000	£266,139	20% above HPI

28 LARCHWOOD 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 four 28 LARCHWOOD CLOSE sales between June 2000 and March 2024 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 June 2015 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the March 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 28 LARCHWOOD CLOSE?

28 LARCHWOOD CLOSE is 164m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 40% of detached houses in Nork, based on EPC data. The below chart shows the distribution of detached houses by size in Nork, and where 28 LARCHWOOD CLOSE lies on this distribution: 64% of detached houses are smaller than 28 LARCHWOOD CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Nork.

28 LARCHWOOD CLOSE: Plot and Title Map

28 LARCHWOOD CLOSE sits on a plot of roughly 0.245 of an acre, or 990m². The below map shows the location of 28 LARCHWOOD 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 28 LARCHWOOD 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 28 LARCHWOOD CLOSE?

28 LARCHWOOD CLOSE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 28 on LARCHWOOD CLOSE.