4, BIRCH CLOSE, BANSTEAD, SM7 1NR - £645,000

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

4 BIRCH CLOSE is a small detached house of 126m², built sometime between 2003 and 2006. It was last sold for £645,000 in August 2017, which was around 14% below the average August 2017 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

4 BIRCH CLOSE Sold Prices

Land registry data shows three sales for 4 BIRCH CLOSE 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. The three 4 BIRCH CLOSE sales were a mix of below the average price, and roughly equal to 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
2017 25 AUG	£645,000	£746,510	14% below HPI
2010 28 JUN	£499,950	£498,300	Close to HPI
2008 28 MAR	£500,000	£498,197	Close to HPI

4 BIRCH 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 three 4 BIRCH CLOSE sales between March 2008 and August 2017 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 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2017 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 4 BIRCH CLOSE?

4 BIRCH CLOSE is 126m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 30% of detached houses in Nork, based on EPC data. The below chart shows the distribution of detached houses by size in Nork, and where 4 BIRCH CLOSE lies on this distribution: 28% of detached houses are smaller than 4 BIRCH CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Nork.

4 BIRCH CLOSE: Plot and Title Map

4 BIRCH CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 4 BIRCH 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 4 BIRCH 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 4 BIRCH CLOSE?

4 BIRCH CLOSE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 4 on BIRCH CLOSE.