8, MARLBOROUGH MEWS, BANSTEAD, SM7 2GJ - £675,000

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

8 MARLBOROUGH MEWS is a small detached house of 115m², built sometime between 1996 and 2002. It was last sold for £675,000 in April 2018, which was around 8% below the average April 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

8 MARLBOROUGH MEWS Sold Prices

Land registry data shows three sales for 8 MARLBOROUGH MEWS 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 8 MARLBOROUGH MEWS 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
2018 4 APR	£675,000	£736,646	8% below HPI
2015 25 FEB	£547,500	£639,823	14% below HPI
2004 7 APR	£395,000	£399,389	1% below HPI

8 MARLBOROUGH MEWS 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 8 MARLBOROUGH MEWS sales between April 2004 and April 2018 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 February 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2018 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 8 MARLBOROUGH MEWS?

8 MARLBOROUGH MEWS is 115m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 8 MARLBOROUGH MEWS lies on this distribution: 22% of detached houses are smaller than 8 MARLBOROUGH MEWS, and 77% of houses are larger. Note that EPC data is not available for all properties in Banstead.

8 MARLBOROUGH MEWS: Plot and Title Map

8 MARLBOROUGH MEWS sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 8 MARLBOROUGH MEWS, 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 8 MARLBOROUGH MEWS). 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 8 MARLBOROUGH MEWS?

8 MARLBOROUGH MEWS is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 8 on MARLBOROUGH MEWS.