15, PARSONSFIELD ROAD, BANSTEAD, SM7 1JW - £850,000

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.

15 PARSONSFIELD ROAD is a large extended semi-detached house of 176m², built sometime between 1930 and 1949, which could now be worth an estimated £862,120. It was last sold for £850,000 in September 2023, which was around 60% above the average September 2023 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

15 PARSONSFIELD ROAD Sold Prices

Land registry data shows two sales for 15 PARSONSFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 15 PARSONSFIELD 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
2023 11 SEP	£850,000	£531,376	60% above HPI
2015 30 JUN	£535,000	£392,483	36% above HPI

15 PARSONSFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The two 15 PARSONSFIELD ROAD sales from June 2015 and September 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 June 2015 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the September 2023 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 15 PARSONSFIELD ROAD be worth now?

15 PARSONSFIELD ROAD might now be worth an estimated £862,120.

This is based on house price inflation of 1.4%, between September 2023 and March 2025, for semi-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 15 PARSONSFIELD ROAD of £850,000 on 11th September 2023. For the value to have increased from £850,000 to £862,120 over the two years and six months to March 2025, the following assumptions must hold true:

• The value of 15 PARSONSFIELD ROAD has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The September 2023 sale price of £850,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PARSONSFIELD ROAD has not materially changed since September 2023.

How Large is 15 PARSONSFIELD ROAD?

15 PARSONSFIELD ROAD is 176m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 30% of semi-detached houses houses in Nork, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Nork, and where 15 PARSONSFIELD ROAD lies on this distribution: 72% of semi-detached houses houses are smaller than 15 PARSONSFIELD ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Nork.

15 PARSONSFIELD ROAD: Plot and Title Map

15 PARSONSFIELD ROAD sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 15 PARSONSFIELD 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 15 PARSONSFIELD 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 15 PARSONSFIELD ROAD?

15 PARSONSFIELD ROAD is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 15 on PARSONSFIELD ROAD.