40, SUTTON LANE, BANSTEAD, SM7 3RB - £880,000

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 SUTTON LANE is a very large extended detached house of 208m², built sometime between 1900 and 1929. It was last sold for £880,000 in August 2023, which was around 2% below the average August 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

40 SUTTON LANE Sold Prices

Land registry data shows two sales for 40 SUTTON LANE 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. One of the two 40 SUTTON LANE sales was for below the average price, whilst the other 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
2023 17 AUG	£880,000	£898,048	2% below HPI
1996 18 DEC	£190,000	£156,175	22% above HPI

40 SUTTON 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 two 40 SUTTON LANE sales from December 1996 and August 2023 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 December 1996 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2023 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 40 SUTTON LANE?

40 SUTTON LANE is 208m², which includes three extensions, according to the EPC inspection conducted in April 2023. This puts it in the largest 20% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 40 SUTTON LANE lies on this distribution: 85% of detached houses are smaller than 40 SUTTON LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in Banstead.

40 SUTTON LANE: Plot and Title Map

40 SUTTON LANE sits on a plot of roughly 0.255 of an acre, or 1,032m². The below map shows the location of 40 SUTTON 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 SUTTON 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 40 SUTTON LANE?

40 SUTTON LANE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 40 on SUTTON LANE.