3, HIGH BEECHES, BANSTEAD, SM7 1NB - £705,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 HIGH BEECHES is a midsized detached house of 147m², built sometime between 1967 and 1975, which could now be worth an estimated £765,871. It was last sold for £705,000 in September 2020, which was around 15% below the average September 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

3 HIGH BEECHES Sold Prices

Land registry data shows five sales for 3 HIGH BEECHES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Most of the five 3 HIGH BEECHES 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
2020 4 SEP	£705,000	£827,198	15% below HPI
2016 2 MAR	£600,000	£751,614	20% below HPI
2010 28 MAY	£465,000	£518,862	10% below HPI
2009 30 OCT	£360,000	£476,317	24% below HPI
1997 14 FEB	£173,000	£167,996	3% above HPI

3 HIGH BEECHES 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 five 3 HIGH BEECHES sales between February 1997 and September 2020 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 March 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 3 HIGH BEECHES be worth now?

3 HIGH BEECHES might now be worth an estimated £765,871.

This is based on house price inflation of 8.6%, between September 2020 and February 2025, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.6% inflationary increase is applied to the most recent sale price for 3 HIGH BEECHES of £705,000 on 4th September 2020. For the value to have increased from £705,000 to £765,871 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 HIGH BEECHES has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The September 2020 sale price of £705,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HIGH BEECHES has not materially changed since September 2020.

How Large is 3 HIGH BEECHES?

3 HIGH BEECHES is 147m² according to the EPC inspection conducted in June 2020. This puts it in the largest 50% of detached houses houses in Nork, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nork, and where 3 HIGH BEECHES lies on this distribution: 51% of detached houses houses are smaller than 3 HIGH BEECHES, and 49% of houses are larger. Note that EPC data is not available for all properties in Nork.

3 HIGH BEECHES: Plot and Title Map

3 HIGH BEECHES sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 3 HIGH BEECHES, 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 HIGH BEECHES). 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 HIGH BEECHES?

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