4, CYPRESS WAY, BANSTEAD, SM7 1NN - £650,000

4 CYPRESS WAY is a very small detached house of 92m², built sometime between 1976 and 1982. It was last sold for £650,000 in November 2021, which was around 22% below the average November 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

4 CYPRESS WAY Sold Prices

Land registry data shows two sales for 4 CYPRESS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 4 CYPRESS WAY sales were for below 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
2021 15 NOV	£650,000	£832,565	22% below HPI
2016 7 NOV	£530,000	£731,349	28% below HPI

4 CYPRESS 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 two 4 CYPRESS WAY sales from November 2016 and November 2021 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 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 4 CYPRESS WAY?

4 CYPRESS WAY is 92m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 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 4 CYPRESS WAY lies on this distribution: 8% of detached houses are smaller than 4 CYPRESS WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Nork.

4 CYPRESS WAY: Plot and Title Map

4 CYPRESS WAY sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 4 CYPRESS 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 4 CYPRESS 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 4 CYPRESS WAY?

4 CYPRESS WAY is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 4 on CYPRESS WAY.