3, ACACIA DRIVE, BANSTEAD, SM7 1LD - £570,000

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

3 ACACIA DRIVE is a small extended detached house of 117m², built sometime between 1976 and 1982. It was last sold for £570,000 in November 2016, which was around 22% below the average November 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

3 ACACIA DRIVE Sold Prices

Land registry data shows two sales for 3 ACACIA DRIVE 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 3 ACACIA DRIVE 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
2016 25 NOV	£570,000	£731,349	22% below HPI
2006 13 FEB	£320,000	£423,491	24% below HPI

3 ACACIA DRIVE 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 3 ACACIA DRIVE sales from February 2006 and November 2016 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 February 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2016 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 ACACIA DRIVE?

3 ACACIA DRIVE is 117m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% of detached houses in Nork, based on EPC data. The below chart shows the distribution of detached houses by size in Nork, and where 3 ACACIA DRIVE lies on this distribution: 21% of detached houses are smaller than 3 ACACIA DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Nork.

3 ACACIA DRIVE: Plot and Title Map

3 ACACIA DRIVE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 3 ACACIA DRIVE, 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 3 ACACIA DRIVE). 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 3 ACACIA DRIVE?

3 ACACIA DRIVE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 3 on ACACIA DRIVE.