GREEN HEDGES, HOLLY LANE, BANSTEAD, SM7 2AX - £1,550,000

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

GREEN HEDGES is a very large extended detached house of 284m², built sometime between 1930 and 1949. It was last sold for £1,550,000 in April 2024, which was around 78% above the average April 2024 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

GREEN HEDGES Sold Prices

Land registry data shows two sales for GREEN HEDGES 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 GREEN HEDGES 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
2024 19 APR	£1,550,000	£870,705	78% above HPI
2003 17 SEP	£561,000	£393,652	43% above HPI

GREEN HEDGES 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 GREEN HEDGES sales from September 2003 and April 2024 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 September 2003 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the April 2024 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is GREEN HEDGES?

GREEN HEDGES is 284m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 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 GREEN HEDGES lies on this distribution: 96% of detached houses are smaller than GREEN HEDGES, and 4% of houses are larger. Note that EPC data is not available for all properties in Banstead.

GREEN HEDGES: Plot and Title Map

GREEN HEDGES sits on a plot of roughly 0.411 of an acre, or 1,665m². The below map shows the location of GREEN HEDGES, 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 GREEN HEDGES). 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 GREEN HEDGES?

GREEN HEDGES is located on HOLLY LANE in BANSTEAD, in the SM7 postcode district. The below map shows the position of GREEN HEDGES on HOLLY LANE.