4, ACACIA DRIVE, BANSTEAD, SM7 1LD - £595,000

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

4 ACACIA DRIVE is a very small detached house of 112m², built sometime between 1967 and 1975. It was last sold for £595,000 in August 2017, which was around 20% below the average August 2017 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

4 ACACIA DRIVE Sold Prices

Land registry data shows two sales for 4 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 4 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
2017 3 AUG	£595,000	£746,510	20% below HPI
1996 10 JUL	£130,000	£150,836	14% below HPI

4 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 4 ACACIA DRIVE sales from July 1996 and August 2017 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 1996 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 4 ACACIA DRIVE?

4 ACACIA DRIVE is 112m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 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 4 ACACIA DRIVE lies on this distribution: 16% of detached houses are smaller than 4 ACACIA DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Nork.

4 ACACIA DRIVE: Plot and Title Map

4 ACACIA DRIVE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 4 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 4 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 4 ACACIA DRIVE?

4 ACACIA DRIVE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 4 on ACACIA DRIVE.