22, THE TRACERY, BANSTEAD, SM7 3DD - £485,000

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.

22 THE TRACERY is a very small terraced house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £553,149. It was last sold for £485,000 in August 2021, which was around 28% above the average August 2021 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

22 THE TRACERY Sold Prices

Land registry data shows two sales for 22 THE TRACERY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 22 THE TRACERY 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
2021 25 AUG	£485,000	£379,067	28% above HPI
2004 17 DEC	£299,000	£203,153	47% above HPI

22 THE TRACERY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The two 22 THE TRACERY sales from December 2004 and August 2021 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 2004 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the August 2021 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 22 THE TRACERY be worth now?

22 THE TRACERY might now be worth an estimated £553,149.

This is based on house price inflation of 14.1%, between August 2021 and June 2025, for terraced 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 14.1% inflationary increase is applied to the most recent sale price for 22 THE TRACERY of £485,000 on 25th August 2021. For the value to have increased from £485,000 to £553,149 over the four years and two months to June 2025, the following assumptions must hold true:

• The value of 22 THE TRACERY has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The August 2021 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 22 THE TRACERY has not materially changed since August 2021.

How Large is 22 THE TRACERY?

22 THE TRACERY is 97m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 20% of terraced houses houses in Banstead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Banstead, and where 22 THE TRACERY lies on this distribution: 10% of terraced houses houses are smaller than 22 THE TRACERY, and 90% of houses are larger. Note that EPC data is not available for all properties in Banstead.

22 THE TRACERY: Plot and Title Map

22 THE TRACERY sits on a plot of roughly 3.9 acres, or 15,886m². The below map shows the location of 22 THE TRACERY, 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 22 THE TRACERY). 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 22 THE TRACERY?

22 THE TRACERY is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 22 on THE TRACERY.