5, LAMBOURNE CLOSE, BANSTEAD, SM7 1DL - £595,950

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

5 LAMBOURNE CLOSE is a very small detached house of 92m². It was last sold for £595,950 in December 2020, which was around 26% below the average December 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2016, where the current energy rating was B, and the potential energy rating was A.

5 LAMBOURNE CLOSE Sold Prices

Land registry data shows two sales for 5 LAMBOURNE CLOSE 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 5 LAMBOURNE CLOSE 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
2020 9 DEC	£595,950	£808,161	26% below HPI
2016 27 JUL	£545,000	£743,675	27% below HPI

5 LAMBOURNE 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 two 5 LAMBOURNE CLOSE sales from July 2016 and December 2020 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 July 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2020 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 5 LAMBOURNE CLOSE?

5 LAMBOURNE CLOSE is 92m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses in Nork, based on EPC data. The below chart shows the distribution of detached houses by size in Nork, and where 5 LAMBOURNE CLOSE lies on this distribution: 8% of detached houses are smaller than 5 LAMBOURNE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Nork.

5 LAMBOURNE CLOSE: Plot and Title Map

5 LAMBOURNE CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 5 LAMBOURNE 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 5 LAMBOURNE 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 5 LAMBOURNE CLOSE?

5 LAMBOURNE CLOSE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 5 on LAMBOURNE CLOSE.