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
5 ACACIA DRIVE is a midsized extended detached house of 146m², built sometime between 1976 and 1982. It was last sold for £569,950 in July 2014, which was around 5% below the average July 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 5 ACACIA DRIVE 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. One of the two 5 ACACIA DRIVE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2014 25 JUL | £569,950 | £598,744 | 5% below HPI |
1999 3 DEC | £249,950 | £248,662 | 1% above 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 5 ACACIA DRIVE sales from December 1999 and July 2014 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 December 1999 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2014 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.
5 ACACIA DRIVE is 146m², which includes one extension, according to the EPC inspection conducted in March 2014. 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 5 ACACIA DRIVE lies on this distribution: 49% of detached houses are smaller than 5 ACACIA DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Nork.
5 ACACIA DRIVE sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of 5 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 5 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.
5 ACACIA DRIVE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 5 on ACACIA DRIVE.