2, HIGH BEECHES, BANSTEAD, SM7 1NB - £575,000

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.

2 HIGH BEECHES is a small extended detached house of 127m², built sometime between 1991 and 1995, which could now be worth an estimated £640,447. It was last sold for £575,000 in February 2021, which was around 30% below the average February 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2020, where the current energy rating was D, and the potential energy rating was B.

2 HIGH BEECHES Sold Prices

Land registry data shows one sale for 2 HIGH BEECHES since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 25 FEB	£575,000	£826,905	30% below HPI

What might 2 HIGH BEECHES be worth now?

2 HIGH BEECHES might now be worth an estimated £640,447.

This is based on house price inflation of 11.4%, between February 2021 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 11.4% inflationary increase is applied to the most recent sale price for 2 HIGH BEECHES of £575,000 on 25th February 2021. For the value to have increased from £575,000 to £640,447 over the four years and nine months to May 2026, the following assumptions must hold true:

• The value of 2 HIGH BEECHES has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The February 2021 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HIGH BEECHES has not materially changed since February 2021.

How Large is 2 HIGH BEECHES?

2 HIGH BEECHES is 127m², which includes one extension, according to the EPC inspection conducted in April 2020. This puts it in the smallest 30% of detached houses in Nork, based on EPC data. The below chart shows the distribution of detached houses by size in Nork, and where 2 HIGH BEECHES lies on this distribution: 29% of detached houses are smaller than 2 HIGH BEECHES, and 71% of detached houses are larger. Note that EPC data is not available for all properties in Nork.

2 HIGH BEECHES: Plot

2 HIGH BEECHES sits on a plot of roughly 0.085 of an acre, or 342m².

Where is 2 HIGH BEECHES?

2 HIGH BEECHES is located in BANSTEAD, in the SM7 postcode district.