100, NORK WAY, BANSTEAD, SM7 1HP - £940,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

100 NORK WAY is a very small detached house of 100m², built sometime between 1930 and 1949. It was last sold for £940,000 in February 2022, which was around 14% above the average February 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was C.

100 NORK WAY Sold Prices

Land registry data shows two sales for 100 NORK WAY 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 100 NORK WAY 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 23 FEB	£940,000	£826,620	14% above HPI
2019 8 APR	£685,000	£735,378	7% below HPI

100 NORK WAY 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 100 NORK WAY sales from April 2019 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 April 2019 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 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 100 NORK WAY?

100 NORK WAY is 100m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses in Nork, based on EPC data. The below chart shows the distribution of detached houses by size in Nork, and where 100 NORK WAY lies on this distribution: 11% of detached houses are smaller than 100 NORK WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Nork.

100 NORK WAY: Plot and Title Map

100 NORK WAY sits on a plot of roughly 0.353 of an acre, or 1,428m². The below map shows the location of 100 NORK WAY, 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 100 NORK WAY). 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 100 NORK WAY?

100 NORK WAY is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 100 on NORK WAY.