2, PARKWOOD VIEW, BANSTEAD, SM7 1JH - £520,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 PARKWOOD VIEW is a very small semi-detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £609,472. It was last sold for £520,000 in November 2017, which was around 15% above the average November 2017 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

2 PARKWOOD VIEW Sold Prices

Land registry data shows three sales for 2 PARKWOOD VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 2 PARKWOOD VIEW 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
2017 10 NOV	£520,000	£451,245	15% above HPI
2015 1 MAY	£440,000	£380,996	15% above HPI
2004 11 FEB	£263,500	£234,493	12% above HPI

2 PARKWOOD VIEW Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The three 2 PARKWOOD VIEW sales between February 2004 and November 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 2015 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2017 sale, which was also at 15% above the HPI.

What might 2 PARKWOOD VIEW be worth now?

2 PARKWOOD VIEW might now be worth an estimated £609,472.

This is based on house price inflation of 17.2%, between November 2017 and February 2025, for semi-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 17.2% inflationary increase is applied to the most recent sale price for 2 PARKWOOD VIEW of £520,000 on 10th November 2017. For the value to have increased from £520,000 to £609,472 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 PARKWOOD VIEW has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The November 2017 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PARKWOOD VIEW has not materially changed since November 2017.

How Large is 2 PARKWOOD VIEW?

2 PARKWOOD VIEW is 85m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of semi-detached houses houses in Nork, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Nork, and where 2 PARKWOOD VIEW lies on this distribution: 4% of semi-detached houses houses are smaller than 2 PARKWOOD VIEW, and 95% of houses are larger. Note that EPC data is not available for all properties in Nork.

2 PARKWOOD VIEW: Plot and Title Map

2 PARKWOOD VIEW sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 2 PARKWOOD VIEW, 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 2 PARKWOOD VIEW). 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 2 PARKWOOD VIEW?

2 PARKWOOD VIEW is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 2 on PARKWOOD VIEW.