3, CASTLETON DRIVE, BANSTEAD, SM7 2JL - £692,500

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.

3 CASTLETON DRIVE is a small extended semi-detached house of 125m², built sometime between 1930 and 1949, which could now be worth an estimated £838,566. It was last sold for £692,500 in February 2018, which was around 56% above the average February 2018 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

3 CASTLETON DRIVE Sold Prices

Land registry data shows four sales for 3 CASTLETON DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 3 CASTLETON 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
2018 2 FEB	£692,500	£445,075	56% above HPI
2014 10 OCT	£625,000	£380,694	64% above HPI
2007 29 JUN	£465,000	£294,059	58% above HPI
1996 29 OCT	£141,500	£87,242	62% above HPI

3 CASTLETON DRIVE 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 four 3 CASTLETON DRIVE sales between October 1996 and February 2018 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 2014 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the February 2018 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 3 CASTLETON DRIVE be worth now?

3 CASTLETON DRIVE might now be worth an estimated £838,566.

This is based on house price inflation of 21.1%, between February 2018 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 21.1% inflationary increase is applied to the most recent sale price for 3 CASTLETON DRIVE of £692,500 on 2nd February 2018. For the value to have increased from £692,500 to £838,566 over the six years and eleven months to March 2025, the following assumptions must hold true:

• The value of 3 CASTLETON DRIVE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The February 2018 sale price of £692,500 represented a fair market value for the property.
• The size, condition, and specification of 3 CASTLETON DRIVE has not materially changed since February 2018.

How Large is 3 CASTLETON DRIVE?

3 CASTLETON DRIVE is 125m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of semi-detached houses houses in Banstead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Banstead, and where 3 CASTLETON DRIVE lies on this distribution: 30% of semi-detached houses houses are smaller than 3 CASTLETON DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Banstead.

3 CASTLETON DRIVE: Plot and Title Map

3 CASTLETON DRIVE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 3 CASTLETON 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 3 CASTLETON 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 3 CASTLETON DRIVE?

3 CASTLETON DRIVE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 3 on CASTLETON DRIVE.