37, GARRATTS LANE, BANSTEAD, SM7 2ED - £899,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

37 GARRATTS LANE is a large extended detached house of 165m², built sometime between 1900 and 1929. It was last sold for £899,500 in October 2022, which was around 2% below the average October 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

37 GARRATTS LANE Sold Prices

Land registry data shows three sales for 37 GARRATTS LANE 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. Two of the three 37 GARRATTS LANE sales were for below the average price, whilst one 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
2022 21 OCT	£899,500	£913,499	2% below HPI
2019 17 APR	£780,000	£735,378	6% above HPI
2000 29 SEP	£250,000	£292,572	15% below HPI

37 GARRATTS LANE 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 37 GARRATTS LANE sales between September 2000 and October 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 April 2019 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2022 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 37 GARRATTS LANE?

37 GARRATTS LANE is 165m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the largest 40% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 37 GARRATTS LANE lies on this distribution: 67% of detached houses are smaller than 37 GARRATTS LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Banstead.

37 GARRATTS LANE: Plot and Title Map

37 GARRATTS LANE sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of 37 GARRATTS LANE, 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 37 GARRATTS LANE). 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 37 GARRATTS LANE?

37 GARRATTS LANE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 37 on GARRATTS LANE.