9, GARRATTS LANE, BANSTEAD, SM7 2DZ - £1,270,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

9 GARRATTS LANE is a very large extended detached house of 203m², built sometime between 1930 and 1949. It was last sold for £1,270,000 in September 2021, which was around 60% above the average September 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

9 GARRATTS LANE Sold Prices

Land registry data shows two sales for 9 GARRATTS LANE 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 9 GARRATTS LANE 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
2021 10 SEP	£1,270,000	£791,383	60% above HPI
2002 9 AUG	£370,000	£353,639	5% above HPI

9 GARRATTS LANE 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 9 GARRATTS LANE sales from August 2002 and September 2021 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 August 2002 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2021 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 9 GARRATTS LANE?

9 GARRATTS LANE is 203m², which includes four extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 20% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 9 GARRATTS LANE lies on this distribution: 84% of detached houses are smaller than 9 GARRATTS LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Banstead.

9 GARRATTS LANE: Plot and Title Map

9 GARRATTS LANE sits on a plot of roughly 0.224 of an acre, or 905m². The below map shows the location of 9 GARRATTS LANE, 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 9 GARRATTS LANE). 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 9 GARRATTS LANE?

9 GARRATTS LANE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 9 on GARRATTS LANE.