9, PARK ROAD, BANSTEAD, SM7 3BY - £615,000

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

9 PARK ROAD is a midsized extended detached house of 149m², built sometime between 1900 and 1929. It was last sold for £615,000 in June 2013, which was around 16% above the average June 2013 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was C.

9 PARK ROAD Sold Prices

Land registry data shows two sales for 9 PARK ROAD 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 9 PARK 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
2013 13 JUN	£615,000	£530,645	16% above HPI
2001 22 OCT	£379,000	£322,158	18% above HPI

9 PARK 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 two 9 PARK ROAD sales from October 2001 and June 2013 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 October 2001 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2013 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 9 PARK ROAD?

9 PARK ROAD is 149m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 50% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 9 PARK ROAD lies on this distribution: 54% of detached houses are smaller than 9 PARK ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Banstead.

9 PARK ROAD: Plot and Title Map

9 PARK ROAD sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 9 PARK 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 9 PARK 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 9 PARK ROAD?

9 PARK ROAD is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 9 on PARK ROAD.