6, GREENHAYES GARDENS, BANSTEAD, SM7 2JG - £550,000

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.

6 GREENHAYES GARDENS is a very small extended detached house of 81m², built sometime between 1930 and 1949, which could now be worth an estimated £632,507. It was last sold for £550,000 in July 2020, which was around 32% below the average July 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2019, where the current energy rating was F, and the potential energy rating was D.

6 GREENHAYES GARDENS Sold Prices

Land registry data shows two sales for 6 GREENHAYES GARDENS 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 6 GREENHAYES GARDENS 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
2020 16 JUL	£550,000	£807,996	32% below HPI
2002 3 OCT	£255,000	£388,236	34% below HPI

6 GREENHAYES GARDENS 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 6 GREENHAYES GARDENS sales from October 2002 and July 2020 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 2002 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2020 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 6 GREENHAYES GARDENS be worth now?

6 GREENHAYES GARDENS might now be worth an estimated £632,507.

This is based on house price inflation of 15%, between July 2020 and June 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 15% inflationary increase is applied to the most recent sale price for 6 GREENHAYES GARDENS of £550,000 on 16th July 2020. For the value to have increased from £550,000 to £632,507 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of 6 GREENHAYES GARDENS has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The July 2020 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 6 GREENHAYES GARDENS has not materially changed since July 2020.

How Large is 6 GREENHAYES GARDENS?

6 GREENHAYES GARDENS is 81m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banstead, and where 6 GREENHAYES GARDENS lies on this distribution: 5% of detached houses houses are smaller than 6 GREENHAYES GARDENS, and 95% of houses are larger. Note that EPC data is not available for all properties in Banstead.

6 GREENHAYES GARDENS: Plot and Title Map

6 GREENHAYES GARDENS sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 6 GREENHAYES GARDENS, 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 6 GREENHAYES GARDENS). 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 6 GREENHAYES GARDENS?

6 GREENHAYES GARDENS is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 6 on GREENHAYES GARDENS.