THE LAURELS, CROYDON LANE, BANSTEAD, SM7 3BG - £810,000

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

THE LAURELS is a midsized extended detached house of 139m², built sometime between 1930 and 1949. It was last sold for £810,000 in April 2021, which was around 4% above the average April 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

THE LAURELS Sold Prices

Land registry data shows four sales for THE LAURELS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. two of the four THE LAURELS sales were for above the average price, and four 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
2021 8 APR	£810,000	£777,343	4% above HPI
2013 29 NOV	£555,000	£548,482	1% above HPI
2011 14 SEP	£325,000	£510,670	36% below HPI
1998 15 OCT	£127,000	£211,467	40% below HPI

THE LAURELS 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 four THE LAURELS sales between October 1998 and April 2021 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 November 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is THE LAURELS?

THE LAURELS is 139m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 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 THE LAURELS lies on this distribution: 46% of detached houses are smaller than THE LAURELS, and 53% of houses are larger. Note that EPC data is not available for all properties in Banstead.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.307 of an acre, or 1,241m². The below map shows the location of THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

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