9, THE LAURELS, BANSTEAD, SM7 2HG - £485,000

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 THE LAURELS is a very small detached house of 93m², built sometime between 1983 and 1990. It was last sold for £485,000 in January 2020, which was around 35% below the average January 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

9 THE LAURELS Sold Prices

Land registry data shows four sales for 9 THE LAURELS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 9 THE LAURELS 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
2020 3 JAN	£485,000	£747,852	35% below HPI
2013 6 DEC	£387,500	£540,683	28% below HPI
2006 15 JUN	£287,950	£424,879	32% below HPI
2000 6 NOV	£197,500	£292,493	32% below HPI

9 THE LAURELS 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 four 9 THE LAURELS sales between November 2000 and January 2020 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 December 2013 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2020 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 9 THE LAURELS?

9 THE LAURELS is 93m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% 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 THE LAURELS lies on this distribution: 9% of detached houses are smaller than 9 THE LAURELS, and 90% of houses are larger. Note that EPC data is not available for all properties in Banstead.

9 THE LAURELS: Plot and Title Map

9 THE LAURELS sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 9 THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

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