28, NORTH ACRE, BANSTEAD, SM7 2EG - £625,000

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

28 NORTH ACRE is a small detached house of 114m², built sometime between 1967 and 1975. It was last sold for £625,000 in February 2024, which was around 27% below the average February 2024 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

28 NORTH ACRE Sold Prices

Land registry data shows four sales for 28 NORTH ACRE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 28 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
2024 23 FEB	£625,000	£853,445	27% below HPI
2019 17 JUL	£580,000	£744,867	22% below HPI
2015 11 AUG	£500,000	£683,930	27% below HPI
2003 9 JUL	£300,000	£395,189	24% below HPI

28 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 four 28 NORTH ACRE sales between July 2003 and February 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 July 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2024 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 28 NORTH ACRE?

28 NORTH ACRE is 114m² according to the EPC inspection conducted in June 2023. 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 28 NORTH ACRE lies on this distribution: 22% of detached houses are smaller than 28 NORTH ACRE, and 78% of houses are larger. Note that EPC data is not available for all properties in Banstead.

28 NORTH ACRE: Plot and Title Map

28 NORTH ACRE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 28 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 28 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 28 NORTH ACRE?

28 NORTH ACRE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 28 on NORTH ACRE.