41, LARCHWOOD CLOSE, BANSTEAD, SM7 1HE - £950,000

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

41 LARCHWOOD CLOSE is a midsized extended detached house of 156m², built sometime between 1950 and 1966. It was last sold for £950,000 in September 2022, which was around 6% above the average September 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

41 LARCHWOOD CLOSE Sold Prices

Land registry data shows four sales for 41 LARCHWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. two of the four 41 LARCHWOOD CLOSE sales were for above the average price, and four were 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
2022 2 SEP	£950,000	£895,973	6% above HPI
2017 29 JUN	£752,500	£756,854	1% below HPI
2010 16 FEB	£530,000	£471,642	12% above HPI
2001 29 JAN	£231,750	£292,702	21% below HPI

41 LARCHWOOD 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 four 41 LARCHWOOD CLOSE sales between January 2001 and September 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 June 2017 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 41 LARCHWOOD CLOSE?

41 LARCHWOOD CLOSE is 156m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 50% of detached houses in Nork, based on EPC data. The below chart shows the distribution of detached houses by size in Nork, and where 41 LARCHWOOD CLOSE lies on this distribution: 58% of detached houses are smaller than 41 LARCHWOOD CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Nork.

41 LARCHWOOD CLOSE: Plot and Title Map

41 LARCHWOOD CLOSE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 41 LARCHWOOD 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 41 LARCHWOOD 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 41 LARCHWOOD CLOSE?

41 LARCHWOOD CLOSE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 41 on LARCHWOOD CLOSE.