2A, MELLOW CLOSE, BANSTEAD, SM7 3QR - £1,325,000

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

2A MELLOW CLOSE is a very large detached house of 283m², built sometime between 1996 and 2002. It was last sold for £1,325,000 in March 2022, which was around 57% above the average March 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

2A MELLOW CLOSE Sold Prices

Land registry data shows four sales for 2A MELLOW 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. All of the four 2A MELLOW 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
2022 7 MAR	£1,325,000	£844,554	57% above HPI
2018 14 SEP	£1,053,000	£776,501	36% above HPI
2016 19 JUL	£1,091,000	£743,675	47% above HPI
2006 29 JUN	£740,000	£424,879	74% above HPI

2A MELLOW 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 2A MELLOW CLOSE sales between June 2006 and March 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 September 2018 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the March 2022 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is 2A MELLOW CLOSE?

2A MELLOW CLOSE is 283m² according to the EPC inspection conducted in August 2013. This puts it in the largest 10% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 2A MELLOW CLOSE lies on this distribution: 96% of detached houses are smaller than 2A MELLOW CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Banstead.

2A MELLOW CLOSE: Plot and Title Map

2A MELLOW CLOSE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 2A MELLOW 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 2A MELLOW 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 2A MELLOW CLOSE?

2A MELLOW CLOSE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 2A on MELLOW CLOSE.