7, GREAT ELLSHAMS, BANSTEAD, SM7 2BA - £810,000

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

7 GREAT ELLSHAMS is a small extended detached house of 132m², built sometime between 1967 and 1975. It was last sold for £810,000 in November 2021, which was around 3% below the average November 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

7 GREAT ELLSHAMS Sold Prices

Land registry data shows two sales for 7 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 7 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
2021 16 NOV	£810,000	£832,565	3% below HPI
2010 7 DEC	£455,000	£506,609	10% below HPI

7 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 7 GREAT ELLSHAMS sales from December 2010 and November 2021 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 December 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 7 GREAT ELLSHAMS?

7 GREAT ELLSHAMS is 132m², which includes one extension, according to the EPC inspection conducted in September 2021. 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 GREAT ELLSHAMS lies on this distribution: 38% of detached houses are smaller than 7 GREAT ELLSHAMS, and 60% of houses are larger. Note that EPC data is not available for all properties in Banstead.

7 GREAT ELLSHAMS: Plot and Title Map

7 GREAT ELLSHAMS sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 7 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 7 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 7 GREAT ELLSHAMS?

7 GREAT ELLSHAMS is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 7 on GREAT ELLSHAMS.