7, FIR TREE CLOSE, EPSOM, KT17 3LD - £835,000

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.

7 FIR TREE CLOSE is a midsized extended detached house of 150m², built sometime between 1967 and 1975, which could now be worth an estimated £783,132. It was last sold for £835,000 in October 2022, which was around 13% below the average October 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

7 FIR TREE CLOSE Sold Prices

Land registry data shows two sales for 7 FIR TREE CLOSE 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 7 FIR TREE 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
2022 20 OCT	£835,000	£958,137	13% below HPI
2021 21 JAN	£636,000	£840,176	24% below HPI

7 FIR TREE 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 two 7 FIR TREE CLOSE sales from January 2021 and October 2022 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 January 2021 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 7 FIR TREE CLOSE be worth now?

7 FIR TREE CLOSE might now be worth an estimated £783,132.

This is based on house price deflation of 6.2%, between October 2022 and February 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 6.2% deflationary decrease is applied to the most recent sale price for 7 FIR TREE CLOSE of £835,000 on 20th October 2022. For the value to have decreased from £835,000 to £783,132 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 FIR TREE CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The October 2022 sale price of £835,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FIR TREE CLOSE has not materially changed since October 2022.

How Large is 7 FIR TREE CLOSE?

7 FIR TREE CLOSE is 150m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 50% 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 7 FIR TREE CLOSE lies on this distribution: 54% of detached houses houses are smaller than 7 FIR TREE CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Nork.

7 FIR TREE CLOSE: Plot and Title Map

7 FIR TREE CLOSE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 7 FIR TREE 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 7 FIR TREE 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 7 FIR TREE CLOSE?

7 FIR TREE CLOSE is located in EPSOM, in the KT17 postcode district. The below map shows the position of No. 7 on FIR TREE CLOSE.