16, LARCHWOOD CLOSE, BANSTEAD, SM7 1HE - £475,000

16 LARCHWOOD CLOSE is a very small extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £475,000 in March 2011, which was around 6% below the average March 2011 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was D.

16 LARCHWOOD CLOSE Sold Prices

Land registry data shows two sales for 16 LARCHWOOD CLOSE 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. One of the two 16 LARCHWOOD CLOSE sales was for below the average price, whilst the other 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
2011 25 MAR	£475,000	£503,205	6% below HPI
1995 3 NOV	£186,000	£150,052	24% above HPI

16 LARCHWOOD 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 two 16 LARCHWOOD CLOSE sales from November 1995 and March 2011 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 1995 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the March 2011 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 16 LARCHWOOD CLOSE?

16 LARCHWOOD CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the smallest 20% 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 LARCHWOOD CLOSE lies on this distribution: 17% of detached houses are smaller than 16 LARCHWOOD CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Nork.

16 LARCHWOOD CLOSE: Plot and Title Map

16 LARCHWOOD CLOSE sits on a plot of roughly 0.293 of an acre, or 1,184m². The below map shows the location of 16 LARCHWOOD 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 LARCHWOOD 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 LARCHWOOD CLOSE?

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