SHEEPS WALK, CROYDON LANE, BANSTEAD, SM7 3BJ - £560,000

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

SHEEPS WALK is a very small extended detached house of 109m², built sometime between 1983 and 1990. It was last sold for £560,000 in March 2016, which was around 22% below the average March 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

SHEEPS WALK Sold Prices

Land registry data shows two sales for SHEEPS WALK 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 SHEEPS WALK sales were for below 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
2016 31 MAR	£560,000	£716,597	22% below HPI
2014 31 JAN	£445,000	£553,626	20% below HPI

SHEEPS WALK 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 SHEEPS WALK sales from January 2014 and March 2016 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 January 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is SHEEPS WALK?

SHEEPS WALK is 109m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where SHEEPS WALK lies on this distribution: 18% of detached houses are smaller than SHEEPS WALK, and 82% of houses are larger. Note that EPC data is not available for all properties in Banstead.

SHEEPS WALK: Plot and Title Map

SHEEPS WALK sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of SHEEPS WALK, 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 SHEEPS WALK). 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 SHEEPS WALK?

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