153, NORK WAY, BANSTEAD, SM7 1HR - £655,000

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

153 NORK WAY is a small detached house of 121m², built sometime between 1930 and 1949. It was last sold for £655,000 in January 2017, which was around 10% below the average January 2017 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

153 NORK WAY Sold Prices

Land registry data shows two sales for 153 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 153 NORK WAY sales was for below the average price, whilst the other was 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
2017 27 JAN	£655,000	£725,899	10% below HPI
1998 27 NOV	£243,000	£212,641	14% above HPI

153 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 153 NORK WAY sales from November 1998 and January 2017 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 1998 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2017 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 153 NORK WAY?

153 NORK WAY is 121m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% of detached houses in Nork, based on EPC data. The below chart shows the distribution of detached houses by size in Nork, and where 153 NORK WAY lies on this distribution: 24% of detached houses are smaller than 153 NORK WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Nork.

153 NORK WAY: Plot and Title Map

153 NORK WAY sits on a plot of roughly 0.261 of an acre, or 1,056m². The below map shows the location of 153 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 153 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 153 NORK WAY?

153 NORK WAY is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 153 on NORK WAY.