BRIARWOOD, CROYDON LANE, BANSTEAD, SM7 3BG - £680,000

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

BRIARWOOD is a very small extended detached house of 81m², built sometime between 1930 and 1949. It was last sold for £680,000 in July 2021, which was around 12% below the average July 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

BRIARWOOD Sold Prices

Land registry data shows two sales for BRIARWOOD 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 BRIARWOOD 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
2021 23 JUL	£680,000	£770,314	12% below HPI
1997 21 JUL	£142,000	£176,211	19% below HPI

BRIARWOOD 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 BRIARWOOD sales from July 1997 and July 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 July 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is BRIARWOOD?

BRIARWOOD is 81m², which includes one extension, according to the EPC inspection conducted in June 2021. 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 BRIARWOOD lies on this distribution: 5% of detached houses are smaller than BRIARWOOD, and 95% of houses are larger. Note that EPC data is not available for all properties in Banstead.

BRIARWOOD: Plot and Title Map

BRIARWOOD sits on a plot of roughly 0.320 of an acre, or 1,297m². The below map shows the location of BRIARWOOD, 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 BRIARWOOD). 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 BRIARWOOD?

BRIARWOOD is located on CROYDON LANE in BANSTEAD, in the SM7 postcode district. The below map shows the position of BRIARWOOD on CROYDON LANE.