8, BEACON WAY, BANSTEAD, SM7 1DY - £635,000

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

8 BEACON WAY is a large extended detached house of 173m², built sometime between 1930 and 1949. It was last sold for £635,000 in April 2014, which was around 10% above the average April 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2012, where the current energy rating was E, and the potential energy rating was C.

8 BEACON WAY Sold Prices

Land registry data shows two sales for 8 BEACON WAY 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 8 BEACON WAY 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
2014 4 APR	£635,000	£576,062	10% above HPI
2005 9 DEC	£470,000	£415,586	13% above HPI

8 BEACON WAY 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 8 BEACON WAY sales from December 2005 and April 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 2005 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the April 2014 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 8 BEACON WAY?

8 BEACON WAY is 173m², which includes two extensions, according to the EPC inspection conducted in October 2012. 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 8 BEACON WAY lies on this distribution: 70% of detached houses are smaller than 8 BEACON WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Nork.

8 BEACON WAY: Plot and Title Map

8 BEACON WAY sits on a plot of roughly 0.281 of an acre, or 1,136m². The below map shows the location of 8 BEACON WAY, 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 8 BEACON WAY). 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 8 BEACON WAY?

8 BEACON WAY is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 8 on BEACON WAY.