3, SUMMERLAY CLOSE, KINGSWOOD, TADWORTH, KT20 6HE - £725,000

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 SUMMERLAY CLOSE is a small extended detached house of 195m², built sometime between 1983 and 1990, which could now be worth an estimated £901,393. It was last sold for £725,000 in October 2015, which was about the average October 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

3 SUMMERLAY CLOSE Sold Prices

Land registry data shows two sales for 3 SUMMERLAY CLOSE 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. One of the two 3 SUMMERLAY CLOSE sales was roughly equal to the average price, whilst the other was 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
2015 16 OCT	£725,000	£722,770	Close to HPI
2002 6 MAR	£462,500	£344,129	34% above HPI

3 SUMMERLAY 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 two 3 SUMMERLAY CLOSE sales from March 2002 and October 2015 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 2002 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2015 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 3 SUMMERLAY CLOSE be worth now?

3 SUMMERLAY CLOSE might now be worth an estimated £901,393.

This is based on house price inflation of 24.3%, between October 2015 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 24.3% inflationary increase is applied to the most recent sale price for 3 SUMMERLAY CLOSE of £725,000 on 16th October 2015. For the value to have increased from £725,000 to £901,393 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 SUMMERLAY CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The October 2015 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SUMMERLAY CLOSE has not materially changed since October 2015.

How Large is 3 SUMMERLAY CLOSE?

3 SUMMERLAY CLOSE is 195m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the smallest 30% of detached houses houses in Kingswood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kingswood, and where 3 SUMMERLAY CLOSE lies on this distribution: 23% of detached houses houses are smaller than 3 SUMMERLAY CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Kingswood.

3 SUMMERLAY CLOSE: Plot and Title Map

3 SUMMERLAY CLOSE sits on a plot of roughly 0.274 of an acre, or 1,110m². The below map shows the location of 3 SUMMERLAY 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 3 SUMMERLAY 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 3 SUMMERLAY CLOSE?

3 SUMMERLAY CLOSE is located in KINGSWOOD, in the KT20 postcode district. The below map shows the position of No. 3 on SUMMERLAY CLOSE.