7, BURGH WOOD, BANSTEAD, SM7 1EW - £880,000

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

7 BURGH WOOD is a large extended detached house of 176m², built sometime between 1930 and 1949. It was last sold for £880,000 in December 2017, which was around 17% above the average December 2017 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

7 BURGH WOOD Sold Prices

Land registry data shows two sales for 7 BURGH WOOD 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 7 BURGH WOOD sales were 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
2017 1 DEC	£880,000	£750,432	17% above HPI
2009 21 DEC	£496,000	£469,674	6% above HPI

7 BURGH WOOD 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 7 BURGH WOOD sales from December 2009 and December 2017 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 2009 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2017 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 7 BURGH WOOD?

7 BURGH WOOD is 176m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 30% of detached houses in Nork, based on EPC data. The below chart shows the distribution of detached houses by size in Nork, and where 7 BURGH WOOD lies on this distribution: 72% of detached houses are smaller than 7 BURGH WOOD, and 28% of houses are larger. Note that EPC data is not available for all properties in Nork.

7 BURGH WOOD: Plot and Title Map

7 BURGH WOOD sits on a plot of roughly 0.233 of an acre, or 942m². The below map shows the location of 7 BURGH WOOD, 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 7 BURGH WOOD). 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 7 BURGH WOOD?

7 BURGH WOOD is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 7 on BURGH WOOD.