WAYSIDE, CROYDON LANE, BANSTEAD, SM7 3BJ - £715,000

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

WAYSIDE is a small extended detached house of 117m², built sometime between 1900 and 1929. It was last sold for £715,000 in October 2020, which was around 11% below the average October 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2011, where the current energy rating was F, and the potential energy rating was E.

WAYSIDE Sold Prices

Land registry data shows three sales for WAYSIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Two of the three WAYSIDE sales were for below the average price, whilst one was 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
2020 6 OCT	£715,000	£799,947	11% below HPI
2013 11 NOV	£445,000	£548,482	19% below HPI
1997 6 MAY	£211,000	£164,158	29% above HPI

WAYSIDE 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 three WAYSIDE sales between May 1997 and October 2020 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is WAYSIDE?

WAYSIDE is 117m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 30% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where WAYSIDE lies on this distribution: 25% of detached houses are smaller than WAYSIDE, and 75% of houses are larger. Note that EPC data is not available for all properties in Banstead.

WAYSIDE: Plot and Title Map

WAYSIDE sits on a plot of roughly 0.228 of an acre, or 921m². The below map shows the location of WAYSIDE, 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 WAYSIDE). 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 WAYSIDE?

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