38, HOLLY LANE WEST, BANSTEAD, SM7 2BB - £1,152,100

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

38 HOLLY LANE WEST is a large extended detached house of 172m², built sometime between 1930 and 1949. It was last sold for £1,152,100 in August 2021, which was around 47% above the average August 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was C.

38 HOLLY LANE WEST Sold Prices

Land registry data shows two sales for 38 HOLLY LANE WEST 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 38 HOLLY LANE WEST sales were 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
2021 27 AUG	£1,152,100	£785,143	47% above HPI
2014 13 JUN	£725,000	£587,609	23% above HPI

38 HOLLY LANE WEST 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 38 HOLLY LANE WEST sales from June 2014 and August 2021 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 June 2014 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2021 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 38 HOLLY LANE WEST?

38 HOLLY LANE WEST is 172m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the largest 30% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 38 HOLLY LANE WEST lies on this distribution: 71% of detached houses are smaller than 38 HOLLY LANE WEST, and 29% of houses are larger. Note that EPC data is not available for all properties in Banstead.

38 HOLLY LANE WEST: Plot and Title Map

38 HOLLY LANE WEST sits on a plot of roughly 0.149 of an acre, or 605m². The below map shows the location of 38 HOLLY LANE WEST, 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 38 HOLLY LANE WEST). 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 38 HOLLY LANE WEST?

38 HOLLY LANE WEST is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 38 on HOLLY LANE WEST.