13, NORK GARDENS, BANSTEAD, SM7 1NZ - £500,000

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.

13 NORK GARDENS is a very small detached house of 47m², built sometime between 1976 and 1982, which could now be worth an estimated £514,527. It was last sold for £500,000 in November 2021, which was around 43% below the average November 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

13 NORK GARDENS Sold Prices

Land registry data shows three sales for 13 NORK GARDENS 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 13 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
2021 16 NOV	£500,000	£873,248	43% below HPI
2005 29 APR	£249,950	£428,941	42% below HPI
2001 24 JUL	£169,950	£321,207	47% below HPI

13 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 three 13 NORK GARDENS sales between July 2001 and November 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 April 2005 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2021 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 13 NORK GARDENS be worth now?

13 NORK GARDENS might now be worth an estimated £514,527.

This is based on house price inflation of 2.9%, between November 2021 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 2.9% inflationary increase is applied to the most recent sale price for 13 NORK GARDENS of £500,000 on 16th November 2021. For the value to have increased from £500,000 to £514,527 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 13 NORK GARDENS has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The November 2021 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 13 NORK GARDENS has not materially changed since November 2021.

How Large is 13 NORK GARDENS?

13 NORK GARDENS is 47m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% 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 13 NORK GARDENS lies on this distribution: Less than 1% of detached houses houses are smaller than 13 NORK GARDENS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Nork.

13 NORK GARDENS: Plot and Title Map

13 NORK GARDENS sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 13 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 13 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 13 NORK GARDENS?

13 NORK GARDENS is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 13 on NORK GARDENS.