24, UPPER PINES, BANSTEAD, SM7 3PX - £540,000

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.

24 UPPER PINES is a very small extended detached house of 91m², built sometime between 1930 and 1949, which could now be worth an estimated £679,146. It was last sold for £540,000 in November 2015, which was around 25% below the average November 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

24 UPPER PINES Sold Prices

Land registry data shows two sales for 24 UPPER PINES 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 24 UPPER PINES 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
2015 20 NOV	£540,000	£722,970	25% below HPI
2011 2 NOV	£318,500	£524,826	39% below HPI

24 UPPER PINES 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 24 UPPER PINES sales from November 2011 and November 2015 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 2011 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2015 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 24 UPPER PINES be worth now?

24 UPPER PINES might now be worth an estimated £679,146.

This is based on house price inflation of 25.8%, between November 2015 and March 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 25.8% inflationary increase is applied to the most recent sale price for 24 UPPER PINES of £540,000 on 20th November 2015. For the value to have increased from £540,000 to £679,146 over the ten years and eight months to March 2025, the following assumptions must hold true:

• The value of 24 UPPER PINES has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The November 2015 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 24 UPPER PINES has not materially changed since November 2015.

How Large is 24 UPPER PINES?

24 UPPER PINES is 91m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% 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 24 UPPER PINES lies on this distribution: 9% of detached houses houses are smaller than 24 UPPER PINES, and 90% of houses are larger. Note that EPC data is not available for all properties in Woodmansterne.

24 UPPER PINES: Plot and Title Map

24 UPPER PINES sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 24 UPPER PINES, 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 24 UPPER PINES). 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 24 UPPER PINES?

24 UPPER PINES is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 24 on UPPER PINES.