42, THE OVAL, BANSTEAD, SM7 2RA - £499,950

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

42 THE OVAL is a very small semi-detached house of 83m², built sometime between 1930 and 1949. It was last sold for £499,950 in February 2015, which was around 22% below the average February 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

42 THE OVAL Sold Prices

Land registry data shows three sales for 42 THE OVAL since 1^st 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. All of the three 42 THE OVAL 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
2015 26 FEB	£499,950	£639,823	22% below HPI
2012 21 FEB	£340,000	£503,430	32% below HPI
2002 5 JUL	£244,000	£344,098	29% below HPI

42 THE OVAL 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 three 42 THE OVAL sales between July 2002 and February 2015 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 February 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2015 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 42 THE OVAL?

42 THE OVAL is 83m² according to the EPC inspection conducted in June 2011. 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 THE OVAL lies on this distribution: 6% of detached houses are smaller than 42 THE OVAL, and 94% of houses are larger. Note that EPC data is not available for all properties in Banstead.

42 THE OVAL: Plot and Title Map

42 THE OVAL sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 42 THE OVAL, 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 THE OVAL). 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 THE OVAL?

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