SILVERWOOD, CROYDON LANE, BANSTEAD, SM7 3AT - £1,225,000

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

SILVERWOOD is a very large detached house of 204m², built sometime before 1900. It was last sold for £1,225,000 in May 2024, which was around 40% above the average May 2024 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was C.

SILVERWOOD Sold Prices

Land registry data shows two sales for SILVERWOOD 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 SILVERWOOD 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
2024 21 MAY	£1,225,000	£874,571	40% above HPI
2016 27 JUL	£880,000	£743,675	18% above HPI

SILVERWOOD 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 SILVERWOOD sales from July 2016 and May 2024 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 July 2016 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2024 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is SILVERWOOD?

SILVERWOOD is 204m² according to the EPC inspection conducted in October 2022. This puts it in the largest 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 SILVERWOOD lies on this distribution: 84% of detached houses are smaller than SILVERWOOD, and 15% of houses are larger. Note that EPC data is not available for all properties in Banstead.

SILVERWOOD: Plot and Title Map

SILVERWOOD sits on a plot of roughly 0.642 of an acre, or 2,597m². The below map shows the location of SILVERWOOD, 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 SILVERWOOD). 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 SILVERWOOD?

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