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
7 COURT ROAD is a small extended detached house of 132m², built sometime between 1900 and 1929. It was last sold for £892,500 in July 2022, which was around 3% above the average July 2022 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 C.
Land registry data shows four sales for 7 COURT ROAD since 1st 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. Most of the four 7 COURT ROAD 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 |
---|---|---|---|
2022 15 JUL | £892,500 | £865,997 | 3% above HPI |
2013 13 JUN | £500,000 | £530,645 | 6% below HPI |
2003 21 NOV | £310,000 | £391,382 | 21% below HPI |
2003 9 JUN | £380,000 | £395,394 | 4% below 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 four 7 COURT ROAD sales between June 2003 and July 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 2013 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.
7 COURT ROAD is 132m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the smallest 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 7 COURT ROAD lies on this distribution: 38% of detached houses are smaller than 7 COURT ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Banstead.
7 COURT ROAD sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 7 COURT 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 7 COURT 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.
7 COURT ROAD is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 7 on COURT ROAD.