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
40 GREEN LANE is a very large extended detached house of 212m², built sometime between 1950 and 1966. It was last sold for £835,000 in July 2019, which was around 12% above the average July 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 40 GREEN LANE since 1st 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 40 GREEN LANE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2019 18 JUL | £835,000 | £744,867 | 12% above HPI |
2009 4 NOV | £655,000 | £464,688 | 41% above HPI |
2005 26 SEP | £355,000 | £425,767 | 17% below HPI |
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 40 GREEN LANE sales between September 2005 and July 2019 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 November 2009 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the July 2019 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.
40 GREEN LANE is 212m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the largest 20% of detached houses in Lower Kingswood, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Kingswood, and where 40 GREEN LANE lies on this distribution: 88% of detached houses are smaller than 40 GREEN LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Lower Kingswood.
40 GREEN LANE sits on a plot of roughly 0.276 of an acre, or 1,117m². The below map shows the location of 40 GREEN 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 40 GREEN 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.
40 GREEN LANE is located in LOWER KINGSWOOD, in the KT20 postcode district. The below map shows the position of No. 40 on GREEN LANE.