THE PINES, HIGHFIELD, BANSTEAD, SM7 3LJ - £1,211,898

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.

THE PINES is a very large extended detached house of 229m², built sometime between 1967 and 1975, which could now be worth an estimated £1,221,972. It was last sold for £1,211,898 in May 2022, which was around 36% above the average May 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

THE PINES Sold Prices

Land registry data shows two sales for THE PINES 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 THE PINES 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
2022 31 MAY	£1,211,898	£891,212	36% above HPI
2005 17 JUN	£539,000	£445,792	21% above HPI

THE PINES 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 THE PINES sales from June 2005 and May 2022 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 2005 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the May 2022 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might THE PINES be worth now?

THE PINES might now be worth an estimated £1,221,972.

This is based on house price inflation of 0.8%, between May 2022 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 0.8% inflationary increase is applied to the most recent sale price for THE PINES of £1,211,898 on 31st May 2022. For the value to have increased from £1,211,898 to £1,221,972 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of THE PINES has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The May 2022 sale price of £1,211,898 represented a fair market value for the property.
• The size, condition, and specification of THE PINES has not materially changed since May 2022.

How Large is THE PINES?

THE PINES is 229m², which includes two extensions, according to the EPC inspection conducted in October 2012. This puts it in the largest 20% of detached houses houses in Woodmansterne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodmansterne, and where THE PINES lies on this distribution: 85% of detached houses houses are smaller than THE PINES, and 15% of houses are larger. Note that EPC data is not available for all properties in Woodmansterne.

THE PINES: Plot and Title Map

THE PINES sits on a plot of roughly 0.428 of an acre, or 1,732m². The below map shows the location of THE PINES, 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 PINES). 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 PINES?

THE PINES is located on HIGHFIELD in BANSTEAD, in the SM7 postcode district. The below map shows the position of THE PINES on HIGHFIELD.