3, THE FIELDINGS, BANSTEAD, SM7 2HF - £470,000

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 THE FIELDINGS is a small detached house of 128m², built sometime between 1996 and 2002, which could now be worth an estimated £807,679. It was last sold for £470,000 in April 2011, which was around 10% below the average April 2011 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

3 THE FIELDINGS Sold Prices

Land registry data shows three sales for 3 THE FIELDINGS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 3 THE FIELDINGS 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
2011 19 APR	£470,000	£522,920	10% below HPI
2006 30 MAR	£400,000	£445,875	10% below HPI
2002 2 JAN	£315,000	£336,760	6% below HPI

3 THE FIELDINGS 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 three 3 THE FIELDINGS sales between January 2002 and April 2011 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 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2011 sale, which was also at 10% below the HPI.

What might 3 THE FIELDINGS be worth now?

3 THE FIELDINGS might now be worth an estimated £807,679.

This is based on house price inflation of 71.8%, between April 2011 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 71.8% inflationary increase is applied to the most recent sale price for 3 THE FIELDINGS of £470,000 on 19th April 2011. For the value to have increased from £470,000 to £807,679 over the fourteen years and two months to February 2025, the following assumptions must hold true:

• The value of 3 THE FIELDINGS has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The April 2011 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE FIELDINGS has not materially changed since April 2011.

How Large is 3 THE FIELDINGS?

3 THE FIELDINGS is 128m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 40% of detached houses houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banstead, and where 3 THE FIELDINGS lies on this distribution: 34% of detached houses houses are smaller than 3 THE FIELDINGS, and 66% of houses are larger. Note that EPC data is not available for all properties in Banstead.

3 THE FIELDINGS: Plot and Title Map

3 THE FIELDINGS sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 3 THE FIELDINGS, 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 THE FIELDINGS). 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 THE FIELDINGS?

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