8, MONKS ROAD, BANSTEAD, SM7 2EP - £895,000

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 MONKS ROAD is a large extended detached house of 161m², built sometime between 1900 and 1929. It was last sold for £895,000 in February 2016, which was around 24% above the average February 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was D.

8 MONKS ROAD Sold Prices

Land registry data shows three sales for 8 MONKS ROAD since 1^st 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 8 MONKS ROAD 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
2016 16 FEB	£895,000	£719,786	24% above HPI
2010 26 NOV	£701,000	£508,106	38% above HPI
2003 16 JUN	£470,000	£395,394	19% above HPI

8 MONKS 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 three 8 MONKS ROAD sales between June 2003 and February 2016 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 2010 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the February 2016 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 8 MONKS ROAD?

8 MONKS ROAD is 161m², which includes one extension, according to the EPC inspection conducted in June 2010. 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 8 MONKS ROAD lies on this distribution: 65% of detached houses are smaller than 8 MONKS ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Banstead.

8 MONKS ROAD: Plot and Title Map

8 MONKS ROAD sits on a plot of roughly 0.220 of an acre, or 889m². The below map shows the location of 8 MONKS 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 8 MONKS 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 8 MONKS ROAD?

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