16, MONKS ROAD, BANSTEAD, SM7 2EP - £850,000

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.

16 MONKS ROAD is a midsized extended detached house of 139m², built sometime between 1930 and 1949, which could now be worth an estimated £901,110. It was last sold for £850,000 in December 2020, which was about the average December 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

16 MONKS ROAD Sold Prices

Land registry data shows two sales for 16 MONKS ROAD 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 16 MONKS ROAD sales was roughly equal to 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
2020 11 DEC	£850,000	£847,651	Close to HPI
2017 29 JUN	£840,000	£793,838	6% above HPI

16 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 two 16 MONKS ROAD sales from June 2017 and December 2020 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 June 2017 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 16 MONKS ROAD be worth now?

16 MONKS ROAD might now be worth an estimated £901,110.

This is based on house price inflation of 6%, between December 2020 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 6% inflationary increase is applied to the most recent sale price for 16 MONKS ROAD of £850,000 on 11th December 2020. For the value to have increased from £850,000 to £901,110 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 MONKS ROAD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The December 2020 sale price of £850,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MONKS ROAD has not materially changed since December 2020.

How Large is 16 MONKS ROAD?

16 MONKS ROAD is 139m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the smallest 50% of detached houses houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banstead, and where 16 MONKS ROAD lies on this distribution: 45% of detached houses houses are smaller than 16 MONKS ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Banstead.

16 MONKS ROAD: Plot and Title Map

16 MONKS ROAD sits on a plot of roughly 0.175 of an acre, or 708m². The below map shows the location of 16 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 16 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 16 MONKS ROAD?

16 MONKS ROAD is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 16 on MONKS ROAD.