42, GREAT ELLSHAMS, BANSTEAD, SM7 2BA - £725,000

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

42 GREAT ELLSHAMS is a very small detached house of 75m², built sometime between 1991 and 1995. It was last sold for £725,000 in January 2023, which was around 18% below the average January 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

42 GREAT ELLSHAMS Sold Prices

Land registry data shows two sales for 42 GREAT ELLSHAMS 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. Both of the two 42 GREAT ELLSHAMS sales 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
2023 5 JAN	£725,000	£881,676	18% below HPI
1997 8 MAY	£155,000	£164,158	6% below HPI

42 GREAT ELLSHAMS 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 42 GREAT ELLSHAMS sales from May 1997 and January 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 May 1997 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2023 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 42 GREAT ELLSHAMS?

42 GREAT ELLSHAMS is 75m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% 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 GREAT ELLSHAMS lies on this distribution: 3% of detached houses are smaller than 42 GREAT ELLSHAMS, and 97% of houses are larger. Note that EPC data is not available for all properties in Banstead.

42 GREAT ELLSHAMS: Plot and Title Map

42 GREAT ELLSHAMS sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 42 GREAT ELLSHAMS, 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 GREAT ELLSHAMS). 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 42 GREAT ELLSHAMS?

42 GREAT ELLSHAMS is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 42 on GREAT ELLSHAMS.