10, THE LAURELS, BANSTEAD, SM7 2HG - £550,000

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.

10 THE LAURELS is a very small extended terraced house of 110m², built sometime between 1983 and 1990, which could now be worth an estimated £656,059. It was last sold for £550,000 in November 2019, which was around 52% above the average November 2019 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

10 THE LAURELS Sold Prices

Land registry data shows two sales for 10 THE LAURELS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 10 THE LAURELS 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
2019 8 NOV	£550,000	£362,440	52% above HPI
2000 20 NOV	£208,000	£125,233	66% above HPI

10 THE LAURELS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The two 10 THE LAURELS sales from November 2000 and November 2019 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 2000 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the November 2019 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 10 THE LAURELS be worth now?

10 THE LAURELS might now be worth an estimated £656,059.

This is based on house price inflation of 19.3%, between November 2019 and June 2025, for terraced 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 19.3% inflationary increase is applied to the most recent sale price for 10 THE LAURELS of £550,000 on 8th November 2019. For the value to have increased from £550,000 to £656,059 over the six years and five months to June 2025, the following assumptions must hold true:

• The value of 10 THE LAURELS has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The November 2019 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 10 THE LAURELS has not materially changed since November 2019.

How Large is 10 THE LAURELS?

10 THE LAURELS is 110m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of terraced houses houses in Banstead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Banstead, and where 10 THE LAURELS lies on this distribution: 18% of terraced houses houses are smaller than 10 THE LAURELS, and 81% of houses are larger. Note that EPC data is not available for all properties in Banstead.

10 THE LAURELS: Plot and Title Map

10 THE LAURELS sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 10 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 10 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 10 THE LAURELS?

10 THE LAURELS is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 10 on THE LAURELS.