8, SHELLEY CLOSE, BANSTEAD, SM7 1EE - £885,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

8 SHELLEY CLOSE is a midsized semi-detached house of 148m², built sometime between 1950 and 1966. It was last sold for £885,000 in December 2022, which was around 2% below the average December 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was B.

8 SHELLEY CLOSE Sold Prices

Land registry data shows five sales for 8 SHELLEY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Most of the five 8 SHELLEY CLOSE sales were for above 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
2022 12 DEC	£885,000	£906,408	2% below HPI
2022 31 OCT	£906,520	£913,499	1% below HPI
2006 12 JAN	£470,000	£421,387	12% above HPI
2002 22 JUL	£349,500	£344,098	2% above HPI
1996 25 OCT	£175,000	£153,386	14% above HPI

8 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 five 8 SHELLEY CLOSE sales between October 1996 and December 2022 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 October 2022 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2022 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 8 SHELLEY CLOSE?

8 SHELLEY CLOSE is 148m² according to the EPC inspection conducted in June 2022. This puts it in the largest 50% of detached houses in Nork, based on EPC data. The below chart shows the distribution of detached houses by size in Nork, and where 8 SHELLEY CLOSE lies on this distribution: 51% of detached houses are smaller than 8 SHELLEY CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Nork.

8 SHELLEY CLOSE: Plot and Title Map

8 SHELLEY CLOSE sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 8 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 8 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 8 SHELLEY CLOSE?

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