98, NORK WAY, BANSTEAD, SM7 1HP - £755,000

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

98 NORK WAY is a large extended detached house of 164m², built sometime between 1900 and 1929. It was last sold for £755,000 in December 2019, which was about the average December 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

98 NORK WAY Sold Prices

Land registry data shows three sales for 98 NORK WAY 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. The three 98 NORK WAY sales were a mix of roughly equal to the average price, and 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
2019 17 DEC	£755,000	£758,389	Close to HPI
2000 15 SEP	£379,000	£292,572	30% above HPI
1996 19 AUG	£185,000	£152,708	21% above HPI

98 NORK 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 three 98 NORK WAY sales between August 1996 and December 2019 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 September 2000 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the December 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 98 NORK WAY?

98 NORK WAY is 164m², which includes three extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 40% of detached houses in Nork, based on EPC data. The below chart shows the distribution of detached houses by size in Nork, and where 98 NORK WAY lies on this distribution: 64% of detached houses are smaller than 98 NORK WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Nork.

98 NORK WAY: Plot and Title Map

98 NORK WAY sits on a plot of roughly 0.350 of an acre, or 1,416m². The below map shows the location of 98 NORK 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 98 NORK 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 98 NORK WAY?

98 NORK WAY is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 98 on NORK WAY.