7, SHELLEY CLOSE, BANSTEAD, SM7 1EE - £520,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 SHELLEY CLOSE is a midsized detached house of 147m², built sometime between 1930 and 1949, which could now be worth an estimated £874,111. It was last sold for £520,000 in July 2010, which was around 3% below the average July 2010 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

7 SHELLEY CLOSE Sold Prices

Land registry data shows two sales for 7 SHELLEY 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 7 SHELLEY 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
2010 8 JUL	£520,000	£534,580	3% below HPI
2000 27 APR	£240,000	£278,328	14% below HPI

7 SHELLEY 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 7 SHELLEY CLOSE sales from April 2000 and July 2010 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 April 2000 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2010 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 7 SHELLEY CLOSE be worth now?

7 SHELLEY CLOSE might now be worth an estimated £874,111.

This is based on house price inflation of 68.1%, between July 2010 and February 2025, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 68.1% inflationary increase is applied to the most recent sale price for 7 SHELLEY CLOSE of £520,000 on 8th July 2010. For the value to have increased from £520,000 to £874,111 over the fifteen years and five months to February 2025, the following assumptions must hold true:

• The value of 7 SHELLEY CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The July 2010 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SHELLEY CLOSE has not materially changed since July 2010.

How Large is 7 SHELLEY CLOSE?

7 SHELLEY CLOSE is 147m² according to the EPC inspection conducted in December 2009. This puts it in the largest 50% of detached houses houses in Nork, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nork, and where 7 SHELLEY CLOSE lies on this distribution: 51% of detached houses houses are smaller than 7 SHELLEY CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Nork.

7 SHELLEY CLOSE: Plot and Title Map

7 SHELLEY CLOSE sits on a plot of roughly 0.203 of an acre, or 820m². The below map shows the location of 7 SHELLEY 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 7 SHELLEY 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 7 SHELLEY CLOSE?

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