3, HEMPSHAW AVENUE, BANSTEAD, SM7 3PQ - £421,000

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

3 HEMPSHAW AVENUE is a very small extended detached house of 78m², built sometime between 1930 and 1949. It was last sold for £421,000 in November 2018, which was around 45% below the average November 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

3 HEMPSHAW AVENUE Sold Prices

Land registry data shows two sales for 3 HEMPSHAW AVENUE since 1^st 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. Both of the two 3 HEMPSHAW AVENUE sales were 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
2018 26 NOV	£421,000	£759,360	45% below HPI
2003 8 OCT	£199,950	£395,936	49% below HPI

3 HEMPSHAW AVENUE 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 two 3 HEMPSHAW AVENUE sales from October 2003 and November 2018 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 2003 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the November 2018 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 3 HEMPSHAW AVENUE?

3 HEMPSHAW AVENUE is 78m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of detached houses in Woodmansterne, based on EPC data. The below chart shows the distribution of detached houses by size in Woodmansterne, and where 3 HEMPSHAW AVENUE lies on this distribution: 3% of detached houses are smaller than 3 HEMPSHAW AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Woodmansterne.

3 HEMPSHAW AVENUE: Plot and Title Map

3 HEMPSHAW AVENUE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 3 HEMPSHAW AVENUE, 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 3 HEMPSHAW AVENUE). 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 3 HEMPSHAW AVENUE?

3 HEMPSHAW AVENUE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 3 on HEMPSHAW AVENUE.