2, PINE WALK, BANSTEAD, SM7 3PT - £585,000

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 PINE WALK is a midsized extended detached house of 149m², built sometime between 1930 and 1949, which could now be worth an estimated £693,401. It was last sold for £585,000 in March 2020, which was around 27% below the average March 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

2 PINE WALK Sold Prices

Land registry data shows two sales for 2 PINE WALK 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. Both of the two 2 PINE WALK 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 MAR	£585,000	£800,506	27% below HPI
2008 18 AUG	£322,000	£509,357	37% below HPI

2 PINE WALK 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 2 PINE WALK sales from August 2008 and March 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 August 2008 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2020 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 2 PINE WALK be worth now?

2 PINE WALK might now be worth an estimated £693,401.

This is based on house price inflation of 18.5%, between March 2020 and April 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 18.5% inflationary increase is applied to the most recent sale price for 2 PINE WALK of £585,000 on 17th March 2020. For the value to have increased from £585,000 to £693,401 over the five years and eleven months to April 2026, the following assumptions must hold true:

• The value of 2 PINE WALK has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The March 2020 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PINE WALK has not materially changed since March 2020.

How Large is 2 PINE WALK?

2 PINE WALK is 149m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 50% of detached houses houses in Woodmansterne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodmansterne, and where 2 PINE WALK lies on this distribution: 50% of detached houses houses are smaller than 2 PINE WALK, and 49% of houses are larger. Note that EPC data is not available for all properties in Woodmansterne.

2 PINE WALK: Plot and Title Map

2 PINE WALK sits on a plot of roughly 0.174 of an acre, or 704m². The below map shows the location of 2 PINE WALK, 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 2 PINE WALK). 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 2 PINE WALK?

2 PINE WALK is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 2 on PINE WALK.