3, BIRCH CLOSE, BANSTEAD, SM7 1NR - £595,000

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.

3 BIRCH CLOSE is a very small semi-detached house of 105m², built sometime between 2003 and 2006, which could now be worth an estimated £695,749. It was last sold for £595,000 in September 2018, which was around 29% above the average September 2018 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was C.

3 BIRCH CLOSE Sold Prices

Land registry data shows four sales for 3 BIRCH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 3 BIRCH CLOSE 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 21 SEP	£595,000	£460,909	29% above HPI
2014 16 JUL	£499,950	£355,219	41% above HPI
2012 5 APR	£445,000	£292,228	52% above HPI
2006 29 DEC	£446,200	£270,590	65% above HPI

3 BIRCH CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The four 3 BIRCH CLOSE sales between December 2006 and September 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 July 2014 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the September 2018 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 3 BIRCH CLOSE be worth now?

3 BIRCH CLOSE might now be worth an estimated £695,749.

This is based on house price inflation of 16.9%, between September 2018 and March 2025, for semi-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 16.9% inflationary increase is applied to the most recent sale price for 3 BIRCH CLOSE of £595,000 on 21st September 2018. For the value to have increased from £595,000 to £695,749 over the seven years and six months to March 2025, the following assumptions must hold true:

• The value of 3 BIRCH CLOSE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The September 2018 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BIRCH CLOSE has not materially changed since September 2018.

How Large is 3 BIRCH CLOSE?

3 BIRCH CLOSE is 105m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 20% of semi-detached houses houses in Nork, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Nork, and where 3 BIRCH CLOSE lies on this distribution: 13% of semi-detached houses houses are smaller than 3 BIRCH CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Nork.

3 BIRCH CLOSE: Plot and Title Map

3 BIRCH CLOSE sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 3 BIRCH CLOSE, 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 3 BIRCH CLOSE). 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 3 BIRCH CLOSE?

3 BIRCH CLOSE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 3 on BIRCH CLOSE.