14, MONKS ROAD, BANSTEAD, SM7 2EP - £1,186,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14 MONKS ROAD is a large extended detached house of 189m², built sometime between 1930 and 1949. It was last sold for £1,186,000 in October 2023, which was around 34% above the average October 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

14 MONKS ROAD Sold Prices

Land registry data shows three sales for 14 MONKS 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 14 MONKS 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
2023 27 OCT	£1,186,000	£887,859	34% above HPI
2011 1 APR	£611,500	£498,558	23% above HPI
2003 24 JAN	£396,500	£386,726	3% above HPI

14 MONKS 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 14 MONKS ROAD sales between January 2003 and October 2023 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 2011 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2023 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 14 MONKS ROAD?

14 MONKS ROAD is 189m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 30% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 14 MONKS ROAD lies on this distribution: 78% of detached houses are smaller than 14 MONKS ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Banstead.

14 MONKS ROAD: Plot and Title Map

14 MONKS ROAD sits on a plot of roughly 0.167 of an acre, or 675m². The below map shows the location of 14 MONKS 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 14 MONKS 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 14 MONKS ROAD?

14 MONKS ROAD is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 14 on MONKS ROAD.