12, PARK ROAD, BANSTEAD, SM7 3BY - £571,000

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

12 PARK ROAD is a small detached house of 131m², built sometime between 1930 and 1949. It was last sold for £571,000 in July 2010, which was around 12% above the average July 2010 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

12 PARK ROAD Sold Prices

Land registry data shows four sales for 12 PARK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 12 PARK ROAD sales were 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
2010 8 JUL	£571,000	£509,675	12% above HPI
2007 21 AUG	£600,000	£505,178	19% above HPI
2000 22 AUG	£300,000	£288,235	4% above HPI
1997 8 MAY	£200,000	£164,158	22% above HPI

12 PARK 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 four 12 PARK ROAD sales between May 1997 and July 2010 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 2007 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the July 2010 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 12 PARK ROAD?

12 PARK ROAD is 131m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 40% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 12 PARK ROAD lies on this distribution: 38% of detached houses are smaller than 12 PARK ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Banstead.

12 PARK ROAD: Plot and Title Map

12 PARK ROAD sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of 12 PARK 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 12 PARK 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 12 PARK ROAD?

12 PARK ROAD is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 12 on PARK ROAD.