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

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

16 MONKS ROAD is a midsized extended detached house of 139m², built sometime between 1930 and 1949. It was last sold for £850,000 in December 2020, which was around 5% above 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. Both of the two 16 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
2020 11 DEC	£850,000	£808,161	5% above HPI
2017 29 JUN	£840,000	£756,854	11% 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 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2020 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

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 in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 16 MONKS ROAD lies on this distribution: 46% of detached houses are smaller than 16 MONKS ROAD, and 53% 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.