16, HEIGHTS CLOSE, BANSTEAD, SM7 1DR - £1,000,000

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.

16 HEIGHTS CLOSE is a midsized detached house of 139m², built sometime between 1996 and 2002, which could now be worth an estimated £961,265. It was last sold for £1,000,000 in October 2022, which was around 4% above the average October 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

16 HEIGHTS CLOSE Sold Prices

Land registry data shows three sales for 16 HEIGHTS CLOSE 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 16 HEIGHTS CLOSE sales were for above the average price, whilst one was 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
2022 26 OCT	£1,000,000	£958,137	4% above HPI
2011 14 OCT	£500,000	£535,224	7% below HPI
2000 28 JAN	£335,000	£263,145	27% above HPI

16 HEIGHTS CLOSE 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 HEIGHTS CLOSE sales between January 2000 and October 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 October 2011 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2022 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 16 HEIGHTS CLOSE be worth now?

16 HEIGHTS CLOSE might now be worth an estimated £961,265.

This is based on house price deflation of 3.9%, between October 2022 and May 2026, 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 3.9% deflationary decrease is applied to the most recent sale price for 16 HEIGHTS CLOSE of £1,000,000 on 26th October 2022. For the value to have decreased from £1,000,000 to £961,265 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 16 HEIGHTS CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The October 2022 sale price of £1,000,000 represented a fair market value for the property.
• The size, condition, and specification of 16 HEIGHTS CLOSE has not materially changed since October 2022.

How Large is 16 HEIGHTS CLOSE?

16 HEIGHTS CLOSE is 139m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 50% of detached houses houses in Nork, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nork, and where 16 HEIGHTS CLOSE lies on this distribution: 41% of detached houses houses are smaller than 16 HEIGHTS CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Nork.

16 HEIGHTS CLOSE: Plot and Title Map

16 HEIGHTS CLOSE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 16 HEIGHTS CLOSE, 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 HEIGHTS CLOSE). 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 HEIGHTS CLOSE?

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