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
42 GARRARD ROAD is a large extended detached house of 167m², built sometime between 1930 and 1949. It was last sold for £725,000 in August 2014, which was around 19% above the average August 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 42 GARRARD ROAD since 1st 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 42 GARRARD ROAD 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 |
---|---|---|---|
2014 1 AUG | £725,000 | £610,352 | 19% above HPI |
1998 16 OCT | £226,500 | £211,467 | 7% above 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 two 42 GARRARD ROAD sales from October 1998 and August 2014 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 October 1998 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2014 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.
42 GARRARD ROAD is 167m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the largest 40% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 42 GARRARD ROAD lies on this distribution: 69% of detached houses are smaller than 42 GARRARD ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Banstead.
42 GARRARD ROAD sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 42 GARRARD ROAD, 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 42 GARRARD ROAD). 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.
42 GARRARD ROAD is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 42 on GARRARD ROAD.