OAKWOOD, KENILWORTH CLOSE, BANSTEAD, SM7 2BJ - £445,000

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

OAKWOOD is a midsized extended detached house of 147m², built sometime between 1930 and 1949. It was last sold for £445,000 in March 2005, which was around 10% above the average March 2005 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

OAKWOOD Sold Prices

Land registry data shows two sales for OAKWOOD 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 OAKWOOD 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
2005 18 MAR	£445,000	£403,476	10% above HPI
2004 8 JUN	£445,000	£403,750	10% above HPI

OAKWOOD 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 OAKWOOD sales from June 2004 and March 2005 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 June 2004 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2005 sale, which was also at 10% above the HPI.

How Large is OAKWOOD?

OAKWOOD is 147m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the largest 50% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where OAKWOOD lies on this distribution: 52% of detached houses are smaller than OAKWOOD, and 48% of houses are larger. Note that EPC data is not available for all properties in Banstead.

OAKWOOD: Plot and Title Map

OAKWOOD sits on a plot of roughly 0.192 of an acre, or 777m². The below map shows the location of OAKWOOD, 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 OAKWOOD). 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 OAKWOOD?

OAKWOOD is located on KENILWORTH CLOSE in BANSTEAD, in the SM7 postcode district. The below map shows the position of OAKWOOD on KENILWORTH CLOSE.