6, PARK ROAD, BANSTEAD, SM7 3BY - £782,000

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

6 PARK ROAD is a large extended detached house of 157m², built sometime between 1950 and 1966. It was last sold for £782,000 in September 2020, which was around 1% below the average September 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was C.

6 PARK ROAD Sold Prices

Land registry data shows four sales for 6 PARK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 6 PARK 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
2020 10 SEP	£782,000	£788,660	1% below HPI
2014 1 JUL	£565,000	£598,744	6% below HPI
2003 9 JUN	£301,000	£395,394	24% below HPI
2001 18 JAN	£198,000	£292,702	32% below HPI

6 PARK 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 four 6 PARK ROAD sales between January 2001 and September 2020 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 2014 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2020 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 6 PARK ROAD?

6 PARK ROAD is 157m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 40% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 6 PARK ROAD lies on this distribution: 60% of detached houses are smaller than 6 PARK ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Banstead.

6 PARK ROAD: Plot and Title Map

6 PARK ROAD sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 6 PARK 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 6 PARK 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 6 PARK ROAD?

6 PARK ROAD is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 6 on PARK ROAD.