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

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 PARKWOOD VIEW is a very small semi-detached house of 85m², built sometime between 1950 and 1966. It was last sold for £520,000 in November 2017, which was around 32% below the average November 2017 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 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 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 10 NOV	£520,000	£759,903	32% below HPI
2015 1 MAY	£440,000	£644,013	32% below HPI
2004 11 FEB	£263,500	£394,660	33% below HPI

2 PARKWOOD VIEW 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 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2017 sale, which was also at 32% below the HPI.

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 detached houses in Nork, based on EPC data. The below chart shows the distribution of detached houses by size in Nork, and where 2 PARKWOOD VIEW lies on this distribution: 4% of detached 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.