1, BURGH WOOD, BANSTEAD, SM7 1EW - £555,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 BURGH WOOD is a very large extended detached house of 288m², built sometime between 1930 and 1949. It was last sold for £555,000 in January 2014, which was about the average January 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

1 BURGH WOOD Sold Prices

Land registry data shows two sales for 1 BURGH WOOD 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 1 BURGH WOOD sales was roughly equal to the average price, whilst the other was 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
2014 10 JAN	£555,000	£553,626	Close to HPI
2007 23 MAY	£480,000	£472,521	2% above HPI

1 BURGH WOOD 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 1 BURGH WOOD sales from May 2007 and January 2014 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 May 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2014 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 1 BURGH WOOD?

1 BURGH WOOD is 288m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses in Nork, based on EPC data. The below chart shows the distribution of detached houses by size in Nork, and where 1 BURGH WOOD lies on this distribution: 99% of detached houses are smaller than 1 BURGH WOOD, and 1% of houses are larger. Note that EPC data is not available for all properties in Nork.

1 BURGH WOOD: Plot and Title Map

1 BURGH WOOD sits on a plot of roughly 0.218 of an acre, or 881m². The below map shows the location of 1 BURGH WOOD, 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 1 BURGH WOOD). 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 1 BURGH WOOD?

1 BURGH WOOD is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 1 on BURGH WOOD.