32, THE DRIFTWAY, BANSTEAD, SM7 1LX - £520,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

32 THE DRIFTWAY is a very small detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £571,856. It was last sold for £520,000 in March 2021, which was around 36% below the average March 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2025, where the current energy rating was D, and the potential energy rating was B.

32 THE DRIFTWAY Sold Prices

Land registry data shows four sales for 32 THE DRIFTWAY 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 32 THE DRIFTWAY 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
2021 5 MAR	£520,000	£817,133	36% below HPI
2018 18 APR	£515,000	£772,642	33% below HPI
2011 1 JUN	£310,000	£517,780	40% below HPI
1995 18 AUG	£97,950	£156,297	37% below HPI

32 THE DRIFTWAY 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 32 THE DRIFTWAY sales between August 1995 and March 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 April 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 32 THE DRIFTWAY be worth now?

32 THE DRIFTWAY might now be worth an estimated £571,856.

This is based on house price inflation of 10%, between March 2021 and February 2025, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10% inflationary increase is applied to the most recent sale price for 32 THE DRIFTWAY of £520,000 on 5th March 2021. For the value to have increased from £520,000 to £571,856 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 32 THE DRIFTWAY has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The March 2021 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 32 THE DRIFTWAY has not materially changed since March 2021.

How Large is 32 THE DRIFTWAY?

32 THE DRIFTWAY is 76m² according to the EPC inspection conducted in February 2025. This puts it in the smallest 10% of detached houses houses in Nork, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nork, and where 32 THE DRIFTWAY lies on this distribution: 2% of detached houses houses are smaller than 32 THE DRIFTWAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Nork.

32 THE DRIFTWAY: Plot and Title Map

32 THE DRIFTWAY sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 32 THE DRIFTWAY, 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 32 THE DRIFTWAY). 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 32 THE DRIFTWAY?

32 THE DRIFTWAY is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 32 on THE DRIFTWAY.