4, NORTH ACRE, BANSTEAD, SM7 2EG - £390,000

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 NORTH ACRE is a very small detached house of 104m², built sometime between 1967 and 1975. It was last sold for £390,000 in October 2007, which was around 23% below the average October 2007 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

4 NORTH ACRE Sold Prices

Land registry data shows two sales for 4 NORTH ACRE 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 NORTH ACRE 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
2007 2 OCT	£390,000	£508,583	23% below HPI
2000 25 AUG	£207,500	£288,235	28% below HPI

4 NORTH ACRE 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 NORTH ACRE sales from August 2000 and October 2007 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 2000 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2007 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 4 NORTH ACRE?

4 NORTH ACRE is 104m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 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 NORTH ACRE lies on this distribution: 14% of detached houses are smaller than 4 NORTH ACRE, and 85% of houses are larger. Note that EPC data is not available for all properties in Banstead.

4 NORTH ACRE: Plot and Title Map

4 NORTH ACRE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 4 NORTH ACRE, 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 NORTH ACRE). 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 NORTH ACRE?

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