18, MONKS ROAD, BANSTEAD, SM7 2EP - £920,000

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

18 MONKS ROAD is a small detached house of 126m², built sometime between 1930 and 1949. It was last sold for £920,000 in May 2024, which was around 5% above the average May 2024 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

18 MONKS ROAD Sold Prices

Land registry data shows two sales for 18 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 18 MONKS ROAD sales was for above the average price, whilst the other was 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
2024 7 MAY	£920,000	£874,571	5% above HPI
2019 4 APR	£625,000	£735,378	15% below HPI

18 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 18 MONKS ROAD sales from April 2019 and May 2024 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 2019 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2024 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 18 MONKS ROAD?

18 MONKS ROAD is 126m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 40% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 18 MONKS ROAD lies on this distribution: 32% of detached houses are smaller than 18 MONKS ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Banstead.

18 MONKS ROAD: Plot and Title Map

18 MONKS ROAD sits on a plot of roughly 0.201 of an acre, or 815m². The below map shows the location of 18 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 18 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 18 MONKS ROAD?

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