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
48 FERNDALE ROAD is a very small extended detached house of 106m², built sometime before 1900. It was last sold for £520,000 in August 2019, which was around 31% below the average August 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 48 FERNDALE ROAD since 1st 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 48 FERNDALE ROAD 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 |
---|---|---|---|
2019 7 AUG | £520,000 | £756,209 | 31% below HPI |
2011 21 MAR | £318,500 | £503,205 | 37% below HPI |
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 48 FERNDALE ROAD sales from March 2011 and August 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 March 2011 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2019 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
48 FERNDALE ROAD is 106m², which includes two extensions, according to the EPC inspection conducted in May 2019. 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 48 FERNDALE ROAD lies on this distribution: 16% of detached houses are smaller than 48 FERNDALE ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Banstead.
48 FERNDALE ROAD sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 48 FERNDALE 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 48 FERNDALE 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.
48 FERNDALE ROAD is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 48 on FERNDALE ROAD.