6, THE TRACERY, BANSTEAD, SM7 3DD - £537,500

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 THE TRACERY is a very small terraced house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £554,740. It was last sold for £537,500 in June 2024, which was around 29% above the average June 2024 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

6 THE TRACERY Sold Prices

Land registry data shows two sales for 6 THE TRACERY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 6 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
2024 28 JUN	£537,500	£416,630	29% above HPI
2016 19 APR	£485,000	£340,485	42% above HPI

6 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 two 6 THE TRACERY sales from April 2016 and June 2024 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 April 2016 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the June 2024 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 6 THE TRACERY be worth now?

6 THE TRACERY might now be worth an estimated £554,740.

This is based on house price inflation of 3.2%, between June 2024 and May 2026, 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 3.2% inflationary increase is applied to the most recent sale price for 6 THE TRACERY of £537,500 on 28th June 2024. For the value to have increased from £537,500 to £554,740 over the two years and one month to May 2026, the following assumptions must hold true:

• The value of 6 THE TRACERY has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The June 2024 sale price of £537,500 represented a fair market value for the property.
• The size, condition, and specification of 6 THE TRACERY has not materially changed since June 2024.

How Large is 6 THE TRACERY?

6 THE TRACERY is 105m² according to the EPC inspection conducted in February 2016. 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 6 THE TRACERY lies on this distribution: 14% of terraced houses houses are smaller than 6 THE TRACERY, and 85% of houses are larger. Note that EPC data is not available for all properties in Banstead.

6 THE TRACERY: Plot and Title Map

6 THE TRACERY sits on a plot of roughly 3.9 acres, or 15,886m². The below map shows the location of 6 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 6 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 6 THE TRACERY?

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