107, NORK WAY, BANSTEAD, SM7 1HN - £654,000

107 NORK WAY is a very large extended detached house of 231m², built sometime between 1983 and 1990. It was last sold for £654,000 in July 2012, which was around 30% above the average July 2012 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

107 NORK WAY Sold Prices

Land registry data shows three sales for 107 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. All of the three 107 NORK 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
2012 19 JUL	£654,000	£504,887	30% above HPI
2003 12 SEP	£550,000	£393,652	40% above HPI
2000 15 DEC	£420,000	£294,533	43% above HPI

107 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 107 NORK WAY sales between December 2000 and July 2012 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 2003 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the July 2012 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 107 NORK WAY?

107 NORK WAY is 231m², which includes two extensions, according to the EPC inspection conducted in October 2011. This puts it in the largest 10% of detached houses in Nork, based on EPC data. The below chart shows the distribution of detached houses by size in Nork, and where 107 NORK WAY lies on this distribution: 93% of detached houses are smaller than 107 NORK WAY, and 7% of houses are larger. Note that EPC data is not available for all properties in Nork.

107 NORK WAY: Plot and Title Map

107 NORK WAY sits on a plot of roughly 0.265 of an acre, or 1,073m². The below map shows the location of 107 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 107 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 107 NORK WAY?

107 NORK WAY is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 107 on NORK WAY.