4, BIRCH CLOSE, BANSTEAD, SM7 1NR - £645,000

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.

4 BIRCH CLOSE is a small detached house of 126m², built sometime between 2003 and 2006, which could now be worth an estimated £749,021. It was last sold for £645,000 in August 2017, which was around 18% below the average August 2017 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

4 BIRCH CLOSE Sold Prices

Land registry data shows three sales for 4 BIRCH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 4 BIRCH CLOSE 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
2017 25 AUG	£645,000	£782,988	18% below HPI
2010 28 JUN	£499,950	£522,649	4% below HPI
2008 28 MAR	£500,000	£522,541	4% below HPI

4 BIRCH CLOSE 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 three 4 BIRCH CLOSE sales between March 2008 and August 2017 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 June 2010 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2017 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 4 BIRCH CLOSE be worth now?

4 BIRCH CLOSE might now be worth an estimated £749,021.

This is based on house price inflation of 16.1%, between August 2017 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 16.1% inflationary increase is applied to the most recent sale price for 4 BIRCH CLOSE of £645,000 on 25th August 2017. For the value to have increased from £645,000 to £749,021 over the eight years and five months to March 2025, the following assumptions must hold true:

• The value of 4 BIRCH CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The August 2017 sale price of £645,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BIRCH CLOSE has not materially changed since August 2017.

How Large is 4 BIRCH CLOSE?

4 BIRCH CLOSE is 126m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 30% 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 4 BIRCH CLOSE lies on this distribution: 28% of detached houses houses are smaller than 4 BIRCH CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Nork.

4 BIRCH CLOSE: Plot and Title Map

4 BIRCH CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 4 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 4 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 4 BIRCH CLOSE?

4 BIRCH CLOSE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 4 on BIRCH CLOSE.