4, CHALMERS ROAD, BANSTEAD, SM7 3HF - £1,200,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 CHALMERS ROAD is a very large extended detached house of 193m², built sometime between 1930 and 1949. It was last sold for £1,200,000 in June 2019, which was around 61% above the average June 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

4 CHALMERS ROAD Sold Prices

Land registry data shows two sales for 4 CHALMERS ROAD 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 CHALMERS ROAD 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
2019 7 JUN	£1,200,000	£744,883	61% above HPI
2017 15 AUG	£850,000	£746,510	14% above HPI

4 CHALMERS ROAD 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 CHALMERS ROAD sales from August 2017 and June 2019 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 August 2017 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2019 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is 4 CHALMERS ROAD?

4 CHALMERS ROAD is 193m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 20% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 4 CHALMERS ROAD lies on this distribution: 80% of detached houses are smaller than 4 CHALMERS ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Banstead.

4 CHALMERS ROAD: Plot and Title Map

4 CHALMERS ROAD sits on a plot of roughly 0.263 of an acre, or 1,065m². The below map shows the location of 4 CHALMERS ROAD, 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 CHALMERS ROAD). 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 CHALMERS ROAD?

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