117, COMMONFIELD ROAD, BANSTEAD, SM7 2JY - £550,000

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

117 COMMONFIELD ROAD is a very small detached house of 73m², built sometime between 1930 and 1949. It was last sold for £550,000 in April 2021, which was around 29% below the average April 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

117 COMMONFIELD ROAD Sold Prices

Land registry data shows three sales for 117 COMMONFIELD ROAD 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 117 COMMONFIELD ROAD 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
2021 21 APR	£550,000	£777,343	29% below HPI
2013 15 NOV	£380,000	£548,482	31% below HPI
2009 12 JUN	£247,000	£423,710	42% below HPI

117 COMMONFIELD 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 three 117 COMMONFIELD ROAD sales between June 2009 and April 2021 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 November 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 117 COMMONFIELD ROAD?

117 COMMONFIELD ROAD is 73m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 117 COMMONFIELD ROAD lies on this distribution: 3% of detached houses are smaller than 117 COMMONFIELD ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Banstead.

117 COMMONFIELD ROAD: Plot and Title Map

117 COMMONFIELD ROAD sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 117 COMMONFIELD 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 117 COMMONFIELD 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 117 COMMONFIELD ROAD?

117 COMMONFIELD ROAD is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 117 on COMMONFIELD ROAD.