38, BURGH WOOD, BANSTEAD, SM7 1EP - £690,000

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

38 BURGH WOOD is a midsized extended detached house of 146m², built sometime between 1930 and 1949. It was last sold for £690,000 in August 2013, which was around 27% above the average August 2013 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

38 BURGH WOOD Sold Prices

Land registry data shows three sales for 38 BURGH WOOD 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 38 BURGH WOOD 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
2013 27 AUG	£690,000	£544,317	27% above HPI
1999 30 JUL	£356,000	£222,961	60% above HPI
1997 22 AUG	£265,000	£179,940	47% above HPI

38 BURGH WOOD 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 38 BURGH WOOD sales between August 1997 and August 2013 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 1999 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the August 2013 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 38 BURGH WOOD?

38 BURGH WOOD is 146m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the largest 50% of detached houses in Nork, based on EPC data. The below chart shows the distribution of detached houses by size in Nork, and where 38 BURGH WOOD lies on this distribution: 49% of detached houses are smaller than 38 BURGH WOOD, and 50% of houses are larger. Note that EPC data is not available for all properties in Nork.

38 BURGH WOOD: Plot and Title Map

38 BURGH WOOD sits on a plot of roughly 0.255 of an acre, or 1,033m². The below map shows the location of 38 BURGH WOOD, 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 38 BURGH WOOD). 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 38 BURGH WOOD?

38 BURGH WOOD is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 38 on BURGH WOOD.