7, THE FIELDINGS, BANSTEAD, SM7 2HF - £625,000

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 THE FIELDINGS is a midsized detached house of 133m², built sometime between 1996 and 2002. It was last sold for £625,000 in January 2016, which was around 11% below the average January 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

7 THE FIELDINGS Sold Prices

Land registry data shows three sales for 7 THE FIELDINGS 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 7 THE FIELDINGS 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
2016 22 JAN	£625,000	£705,733	11% below HPI
2005 4 APR	£387,500	£408,957	5% below HPI
2001 11 DEC	£313,500	£320,979	2% below HPI

7 THE FIELDINGS 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 7 THE FIELDINGS sales between December 2001 and January 2016 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 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 7 THE FIELDINGS?

7 THE FIELDINGS is 133m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 50% 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 THE FIELDINGS lies on this distribution: 40% of detached houses are smaller than 7 THE FIELDINGS, and 60% of houses are larger. Note that EPC data is not available for all properties in Banstead.

7 THE FIELDINGS: Plot and Title Map

7 THE FIELDINGS sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 7 THE FIELDINGS, 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 THE FIELDINGS). 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 THE FIELDINGS?

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