PENSHURST, HOLLY LANE, BANSTEAD, SM7 2AX - £650,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PENSHURST is a large detached house of 159m², built sometime between 1950 and 1966, which could now be worth an estimated £1,092,639. It was last sold for £650,000 in July 2010, which was around 22% above the average July 2010 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was E.

PENSHURST Sold Prices

Land registry data shows two sales for PENSHURST 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 PENSHURST 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
2010 26 JUL	£650,000	£534,580	22% above HPI
2006 20 DEC	£560,000	£464,701	21% above HPI

PENSHURST 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 PENSHURST sales from December 2006 and July 2010 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 December 2006 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2010 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might PENSHURST be worth now?

PENSHURST might now be worth an estimated £1,092,639.

This is based on house price inflation of 68.1%, between July 2010 and February 2025, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 68.1% inflationary increase is applied to the most recent sale price for PENSHURST of £650,000 on 26th July 2010. For the value to have increased from £650,000 to £1,092,639 over the fifteen years and five months to February 2025, the following assumptions must hold true:

• The value of PENSHURST has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The July 2010 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of PENSHURST has not materially changed since July 2010.

How Large is PENSHURST?

PENSHURST is 159m² according to the EPC inspection conducted in February 2010. This puts it in the largest 40% of detached houses houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banstead, and where PENSHURST lies on this distribution: 63% of detached houses houses are smaller than PENSHURST, and 37% of houses are larger. Note that EPC data is not available for all properties in Banstead.

PENSHURST: Plot and Title Map

PENSHURST sits on a plot of roughly 0.241 of an acre, or 977m². The below map shows the location of PENSHURST, 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 PENSHURST). 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 PENSHURST?

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