9, GREAT ELLSHAMS, BANSTEAD, SM7 2BA - £692,000

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.

9 GREAT ELLSHAMS is a midsized extended detached house of 144m², built sometime between 1967 and 1975, which could now be worth an estimated £802,792. It was last sold for £692,000 in February 2020, which was around 12% below the average February 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

9 GREAT ELLSHAMS Sold Prices

Land registry data shows three sales for 9 GREAT ELLSHAMS 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 9 GREAT ELLSHAMS 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 27 FEB	£692,000	£783,777	12% below HPI
2015 2 JUN	£665,000	£693,623	4% below HPI
2005 16 AUG	£390,000	£445,469	12% below HPI

9 GREAT ELLSHAMS 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 9 GREAT ELLSHAMS sales between August 2005 and February 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 June 2015 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 9 GREAT ELLSHAMS be worth now?

9 GREAT ELLSHAMS might now be worth an estimated £802,792.

This is based on house price inflation of 16%, between February 2020 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% inflationary increase is applied to the most recent sale price for 9 GREAT ELLSHAMS of £692,000 on 27th February 2020. For the value to have increased from £692,000 to £802,792 over the four years and eleven months to March 2025, the following assumptions must hold true:

• The value of 9 GREAT ELLSHAMS has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The February 2020 sale price of £692,000 represented a fair market value for the property.
• The size, condition, and specification of 9 GREAT ELLSHAMS has not materially changed since February 2020.

How Large is 9 GREAT ELLSHAMS?

9 GREAT ELLSHAMS is 144m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 50% 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 9 GREAT ELLSHAMS lies on this distribution: 49% of detached houses houses are smaller than 9 GREAT ELLSHAMS, and 51% of houses are larger. Note that EPC data is not available for all properties in Banstead.

9 GREAT ELLSHAMS: Plot and Title Map

9 GREAT ELLSHAMS sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 9 GREAT ELLSHAMS, 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 9 GREAT ELLSHAMS). 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 9 GREAT ELLSHAMS?

9 GREAT ELLSHAMS is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 9 on GREAT ELLSHAMS.