16, GERALDS GROVE, BANSTEAD, SM7 1NE - £700,000

16 GERALDS GROVE is a small extended detached house of 137m², built sometime between 1976 and 1982. It was last sold for £700,000 in August 2020, which was around 9% below the average August 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

16 GERALDS GROVE Sold Prices

Land registry data shows three sales for 16 GERALDS GROVE 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. All of the three 16 GERALDS GROVE sales 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
2020 17 AUG	£700,000	£768,048	9% below HPI
2019 22 JUL	£540,000	£744,867	28% below HPI
2001 30 MAY	£276,000	£298,998	8% below HPI

16 GERALDS GROVE 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 16 GERALDS GROVE sales between May 2001 and August 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 July 2019 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2020 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 16 GERALDS GROVE?

16 GERALDS GROVE is 137m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 40% of detached houses in Nork, based on EPC data. The below chart shows the distribution of detached houses by size in Nork, and where 16 GERALDS GROVE lies on this distribution: 39% of detached houses are smaller than 16 GERALDS GROVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Nork.

16 GERALDS GROVE: Plot and Title Map

16 GERALDS GROVE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 16 GERALDS GROVE, 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 16 GERALDS GROVE). 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 16 GERALDS GROVE?

16 GERALDS GROVE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 16 on GERALDS GROVE.