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
63 NORTH ACRE is a small extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £560,000 in August 2018, which was around 28% below the average August 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 63 NORTH ACRE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 63 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 |
---|---|---|---|
2018 24 AUG | £560,000 | £774,595 | 28% below HPI |
2012 27 NOV | £417,500 | £528,443 | 21% below HPI |
2010 29 JUL | £330,000 | £509,675 | 35% 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 three 63 NORTH ACRE sales between July 2010 and August 2018 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 November 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
63 NORTH ACRE is 115m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 30% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 63 NORTH ACRE lies on this distribution: 23% of detached houses are smaller than 63 NORTH ACRE, and 77% of houses are larger. Note that EPC data is not available for all properties in Banstead.
63 NORTH ACRE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 63 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 63 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.
63 NORTH ACRE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 63 on NORTH ACRE.