HEATHERBANK, FURZE HILL, KINGSWOOD, TADWORTH, KT20 6EP - £1,450,000

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

HEATHERBANK is a midsized extended detached house of 287m², built sometime between 1996 and 2002. It was last sold for £1,450,000 in March 2017, which was around 100% above the average March 2017 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

HEATHERBANK Sold Prices

Land registry data shows three sales for HEATHERBANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three HEATHERBANK 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
2017 2 MAR	£1,450,000	£723,559	100% above HPI
2003 31 OCT	£805,000	£395,936	103% above HPI
2001 8 MAR	£655,000	£294,992	122% above HPI

HEATHERBANK 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 three HEATHERBANK sales between March 2001 and March 2017 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 2003 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the March 2017 sale, where it falls to 100% above the HPI. The line then continues to track at 100% above the HPI.

How Large is HEATHERBANK?

HEATHERBANK is 287m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of detached houses in Kingswood, based on EPC data. The below chart shows the distribution of detached houses by size in Kingswood, and where HEATHERBANK lies on this distribution: 55% of detached houses are smaller than HEATHERBANK, and 45% of houses are larger. Note that EPC data is not available for all properties in Kingswood.

HEATHERBANK: Plot and Title Map

HEATHERBANK sits on a plot of roughly 0.387 of an acre, or 1,566m². The below map shows the location of HEATHERBANK, 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 HEATHERBANK). 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 HEATHERBANK?

HEATHERBANK is located on FURZE HILL in KINGSWOOD, in the KT20 postcode district. The below map shows the position of HEATHERBANK on FURZE HILL.