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

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.

8 MARLBOROUGH MEWS is a small detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £785,058. It was last sold for £675,000 in April 2018, which was around 13% 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	£772,642	13% below HPI
2015 25 FEB	£547,500	£671,088	18% below HPI
2004 7 APR	£395,000	£418,905	6% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2018 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 8 MARLBOROUGH MEWS be worth now?

8 MARLBOROUGH MEWS might now be worth an estimated £785,058.

This is based on house price inflation of 16.3%, between April 2018 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 16.3% inflationary increase is applied to the most recent sale price for 8 MARLBOROUGH MEWS of £675,000 on 4th April 2018. For the value to have increased from £675,000 to £785,058 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of 8 MARLBOROUGH MEWS has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The April 2018 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MARLBOROUGH MEWS has not materially changed since April 2018.

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 houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banstead, and where 8 MARLBOROUGH MEWS lies on this distribution: 22% of detached houses 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.