28, THE TRACERY, BANSTEAD, SM7 3DD - £370,000

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.

28 THE TRACERY is a very small terraced house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £521,951. It was last sold for £370,000 in December 2014, which was around 21% above the average December 2014 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

28 THE TRACERY Sold Prices

Land registry data shows three sales for 28 THE TRACERY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 28 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
2014 10 DEC	£370,000	£306,470	21% above HPI
2008 29 OCT	£284,000	£222,870	27% above HPI
1999 21 JUN	£130,000	£96,600	35% above HPI

28 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 three 28 THE TRACERY sales between June 1999 and December 2014 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 October 2008 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2014 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 28 THE TRACERY be worth now?

28 THE TRACERY might now be worth an estimated £521,951.

This is based on house price inflation of 41.1%, between December 2014 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 41.1% inflationary increase is applied to the most recent sale price for 28 THE TRACERY of £370,000 on 10th December 2014. For the value to have increased from £370,000 to £521,951 over the eleven years and six months to June 2025, the following assumptions must hold true:

• The value of 28 THE TRACERY has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The December 2014 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 28 THE TRACERY has not materially changed since December 2014.

How Large is 28 THE TRACERY?

28 THE TRACERY is 96m² according to the EPC inspection conducted in September 2014. 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 28 THE TRACERY lies on this distribution: 10% of terraced houses houses are smaller than 28 THE TRACERY, and 90% of houses are larger. Note that EPC data is not available for all properties in Banstead.

28 THE TRACERY: Plot and Title Map

28 THE TRACERY sits on a plot of roughly 3.9 acres, or 15,886m². The below map shows the location of 28 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 28 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 28 THE TRACERY?

28 THE TRACERY is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 28 on THE TRACERY.