12, BURNS DRIVE, BANSTEAD, SM7 1PN - £940,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 BURNS DRIVE is a midsized detached house of 151m², built sometime between 1991 and 1995, which could now be worth an estimated £953,616. It was last sold for £940,000 in June 2023, which was around 3% above the average June 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

12 BURNS DRIVE Sold Prices

Land registry data shows four sales for 12 BURNS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Most of the four 12 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
2023 19 JUN	£940,000	£915,938	3% above HPI
2018 28 NOV	£835,000	£796,466	5% above HPI
2008 7 AUG	£55,000	£509,357	89% below HPI
2002 13 NOV	£433,000	£396,601	9% above HPI

12 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 four 12 BURNS DRIVE sales between November 2002 and June 2023 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 2018 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2023 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 12 BURNS DRIVE be worth now?

12 BURNS DRIVE might now be worth an estimated £953,616.

This is based on house price inflation of 1.4%, between June 2023 and June 2025, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.4% inflationary increase is applied to the most recent sale price for 12 BURNS DRIVE of £940,000 on 19th June 2023. For the value to have increased from £940,000 to £953,616 over the two years to June 2025, the following assumptions must hold true:

• The value of 12 BURNS DRIVE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The June 2023 sale price of £940,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BURNS DRIVE has not materially changed since June 2023.

How Large is 12 BURNS DRIVE?

12 BURNS DRIVE is 151m² according to the EPC inspection conducted in August 2018. This puts it in the largest 50% of detached houses houses in Nork, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nork, and where 12 BURNS DRIVE lies on this distribution: 55% of detached houses houses are smaller than 12 BURNS DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Nork.

12 BURNS DRIVE: Plot and Title Map

12 BURNS DRIVE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 12 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 12 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 12 BURNS DRIVE?

12 BURNS DRIVE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 12 on BURNS DRIVE.