3, BEACON WAY, BANSTEAD, SM7 1DZ - £1,175,000

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 BEACON WAY is a very large extended detached house of 192m², built sometime between 1900 and 1929. It was last sold for £1,175,000 in September 2021, which was around 48% above the average September 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

3 BEACON WAY Sold Prices

Land registry data shows three sales for 3 BEACON WAY 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 3 BEACON WAY 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
2021 10 SEP	£1,175,000	£791,383	48% above HPI
2006 30 JAN	£480,000	£421,387	14% above HPI
1996 2 DEC	£170,000	£156,175	9% above HPI

3 BEACON WAY 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 3 BEACON WAY sales between December 1996 and September 2021 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 January 2006 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2021 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 3 BEACON WAY?

3 BEACON WAY is 192m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 20% 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 BEACON WAY lies on this distribution: 82% of detached houses are smaller than 3 BEACON WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Nork.

3 BEACON WAY: Plot and Title Map

3 BEACON WAY sits on a plot of roughly 0.308 of an acre, or 1,245m². The below map shows the location of 3 BEACON WAY, 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 BEACON WAY). 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 BEACON WAY?

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