1, NORK GARDENS, BANSTEAD, SM7 1NZ - £499,999

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.

1 NORK GARDENS is a very small detached house of 112m², which could now be worth an estimated £681,393. It was last sold for £499,999 in September 2014, which was around 24% below the average September 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2016, where the current energy rating was B, and the potential energy rating was A.

1 NORK GARDENS Sold Prices

Land registry data shows two sales for 1 NORK GARDENS 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 1 NORK GARDENS 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
2014 26 SEP	£499,999	£659,398	24% below HPI
1998 26 JUN	£180,000	£211,293	15% below HPI

1 NORK GARDENS 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 NORK GARDENS sales from June 1998 and September 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 June 1998 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2014 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 1 NORK GARDENS be worth now?

1 NORK GARDENS might now be worth an estimated £681,393.

This is based on house price inflation of 36.3%, between September 2014 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 36.3% inflationary increase is applied to the most recent sale price for 1 NORK GARDENS of £499,999 on 26th September 2014. For the value to have increased from £499,999 to £681,393 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 NORK GARDENS has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The September 2014 sale price of £499,999 represented a fair market value for the property.
• The size, condition, and specification of 1 NORK GARDENS has not materially changed since September 2014.

How Large is 1 NORK GARDENS?

1 NORK GARDENS is 112m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% 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 1 NORK GARDENS lies on this distribution: 16% of detached houses houses are smaller than 1 NORK GARDENS, and 82% of houses are larger. Note that EPC data is not available for all properties in Nork.

1 NORK GARDENS: Plot and Title Map

1 NORK GARDENS sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 1 NORK GARDENS, 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 NORK GARDENS). 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 NORK GARDENS?

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