8, BURNS DRIVE, BANSTEAD, SM7 1PN - £805,000

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 BURNS DRIVE is a midsized extended detached house of 141m², built sometime between 1983 and 1990. It was last sold for £805,000 in October 2020, which was around 1% above the average October 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

8 BURNS DRIVE Sold Prices

Land registry data shows two sales for 8 BURNS DRIVE 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 BURNS DRIVE 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
2020 1 OCT	£805,000	£799,947	1% above HPI
1999 5 AUG	£250,000	£230,372	9% above HPI

8 BURNS DRIVE 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 BURNS DRIVE sales from August 1999 and October 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 August 1999 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2020 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 8 BURNS DRIVE?

8 BURNS DRIVE is 141m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 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 8 BURNS DRIVE lies on this distribution: 44% of detached houses are smaller than 8 BURNS DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Nork.

8 BURNS DRIVE: Plot and Title Map

8 BURNS DRIVE sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 8 BURNS 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 8 BURNS 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.

Where is 8 BURNS DRIVE?

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