3, MONKS ROAD, BANSTEAD, SM7 2EP - £1,000,000

3 MONKS ROAD is a large extended detached house of 180m², built sometime between 1930 and 1949. It was last sold for £1,000,000 in February 2022, which was around 21% above the average February 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

3 MONKS ROAD Sold Prices

Land registry data shows two sales for 3 MONKS ROAD 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. One of the two 3 MONKS ROAD sales was for above the average price, whilst the other was 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 4 FEB	£1,000,000	£828,798	21% above HPI
2011 12 AUG	£475,000	£509,427	7% below HPI

3 MONKS ROAD 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 3 MONKS ROAD sales from August 2011 and February 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 August 2011 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2022 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 3 MONKS ROAD?

3 MONKS ROAD is 180m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 30% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 3 MONKS ROAD lies on this distribution: 75% of detached houses are smaller than 3 MONKS ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Banstead.

3 MONKS ROAD: Plot and Title Map

3 MONKS ROAD sits on a plot of roughly 0.163 of an acre, or 659m². The below map shows the location of 3 MONKS ROAD, 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 3 MONKS ROAD). 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 3 MONKS ROAD?

3 MONKS ROAD is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 3 on MONKS ROAD.