HIGHLANDS, CROYDON LANE, BANSTEAD, SM7 3BG - £385,000

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

HIGHLANDS is a large extended detached house of 164m², built sometime between 1900 and 1929. It was last sold for £385,000 in February 2003, which was around 1% above the average February 2003 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

HIGHLANDS Sold Prices

Land registry data shows two sales for HIGHLANDS 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. One of the two HIGHLANDS sales was for above the average price, whilst the other was roughly equal to 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
2003 3 FEB	£385,000	£380,712	1% above HPI
1996 24 MAY	£145,000	£145,304	Close to HPI

HIGHLANDS 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 HIGHLANDS sales from May 1996 and February 2003 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 May 1996 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2003 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is HIGHLANDS?

HIGHLANDS is 164m², which includes four extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 40% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where HIGHLANDS lies on this distribution: 66% of detached houses are smaller than HIGHLANDS, and 33% of houses are larger. Note that EPC data is not available for all properties in Banstead.

HIGHLANDS: Plot and Title Map

HIGHLANDS sits on a plot of roughly 0.340 of an acre, or 1,376m². The below map shows the location of HIGHLANDS, 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 HIGHLANDS). 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 HIGHLANDS?

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