18, BURGH WOOD, BANSTEAD, SM7 1EP - £690,000

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

18 BURGH WOOD is a very small detached house of 90m², built sometime between 1930 and 1949. It was last sold for £690,000 in October 2017, which was around 10% below the average October 2017 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was C.

18 BURGH WOOD Sold Prices

Land registry data shows two sales for 18 BURGH WOOD 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 18 BURGH WOOD 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
2017 27 OCT	£690,000	£764,858	10% below HPI
2014 20 MAY	£512,000	£577,045	11% below HPI

18 BURGH WOOD 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 18 BURGH WOOD sales from May 2014 and October 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 May 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2017 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 18 BURGH WOOD?

18 BURGH WOOD is 90m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses in Nork, based on EPC data. The below chart shows the distribution of detached houses by size in Nork, and where 18 BURGH WOOD lies on this distribution: 6% of detached houses are smaller than 18 BURGH WOOD, and 94% of houses are larger. Note that EPC data is not available for all properties in Nork.

18 BURGH WOOD: Plot and Title Map

18 BURGH WOOD sits on a plot of roughly 0.211 of an acre, or 854m². The below map shows the location of 18 BURGH WOOD, 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 18 BURGH WOOD). 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 18 BURGH WOOD?

18 BURGH WOOD is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 18 on BURGH WOOD.