2, WALNUT GROVE, BANSTEAD, SM7 1PJ - £805,000

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 WALNUT GROVE is a large extended detached house of 161m², built sometime between 1996 and 2002, which could now be worth an estimated £922,388. It was last sold for £805,000 in January 2018, which was around 3% above the average January 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

2 WALNUT GROVE Sold Prices

Land registry data shows two sales for 2 WALNUT GROVE 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 WALNUT GROVE sales were 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
2018 12 JAN	£805,000	£784,257	3% above HPI
2000 21 DEC	£400,000	£308,925	29% above HPI

2 WALNUT 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 two 2 WALNUT GROVE sales from December 2000 and January 2018 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 December 2000 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the January 2018 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 2 WALNUT GROVE be worth now?

2 WALNUT GROVE might now be worth an estimated £922,388.

This is based on house price inflation of 14.6%, between January 2018 and February 2025, 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 14.6% inflationary increase is applied to the most recent sale price for 2 WALNUT GROVE of £805,000 on 12th January 2018. For the value to have increased from £805,000 to £922,388 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 WALNUT GROVE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The January 2018 sale price of £805,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WALNUT GROVE has not materially changed since January 2018.

How Large is 2 WALNUT GROVE?

2 WALNUT GROVE is 161m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 40% 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 2 WALNUT GROVE lies on this distribution: 62% of detached houses houses are smaller than 2 WALNUT GROVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Nork.

2 WALNUT GROVE: Plot and Title Map

2 WALNUT GROVE sits on a plot of roughly 0.187 of an acre, or 757m². The below map shows the location of 2 WALNUT 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 2 WALNUT 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 2 WALNUT GROVE?

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