27, NORTH ACRE, BANSTEAD, SM7 2EG - £645,000

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

27 NORTH ACRE is a small detached house of 116m², built sometime between 1950 and 1966. It was last sold for £645,000 in February 2023, which was around 27% below the average February 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was C.

27 NORTH ACRE Sold Prices

Land registry data shows two sales for 27 NORTH ACRE 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 27 NORTH ACRE 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
2023 10 FEB	£645,000	£880,205	27% below HPI
2006 10 APR	£345,000	£425,193	19% below HPI

27 NORTH ACRE 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 27 NORTH ACRE sales from April 2006 and February 2023 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 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 27 NORTH ACRE?

27 NORTH ACRE is 116m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 27 NORTH ACRE lies on this distribution: 24% of detached houses are smaller than 27 NORTH ACRE, and 76% of houses are larger. Note that EPC data is not available for all properties in Banstead.

27 NORTH ACRE: Plot and Title Map

27 NORTH ACRE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 27 NORTH ACRE, 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 27 NORTH ACRE). 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 27 NORTH ACRE?

27 NORTH ACRE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 27 on NORTH ACRE.