8, SOUTH DRIVE, BANSTEAD, SM7 3BH - £750,000

8 SOUTH DRIVE is a large extended detached house of 160m², built sometime between 1930 and 1949. It was last sold for £750,000 in January 2021, which was around 6% below the average January 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

8 SOUTH DRIVE Sold Prices

Land registry data shows two sales for 8 SOUTH DRIVE 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 8 SOUTH DRIVE 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 14 JAN	£750,000	£801,033	6% below HPI
2002 2 AUG	£335,000	£353,639	5% below HPI

8 SOUTH 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 two 8 SOUTH DRIVE sales from August 2002 and January 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 August 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 8 SOUTH DRIVE?

8 SOUTH DRIVE is 160m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 40% of detached houses in Banstead, based on EPC data. The below chart shows the distribution of detached houses by size in Banstead, and where 8 SOUTH DRIVE lies on this distribution: 64% of detached houses are smaller than 8 SOUTH DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Banstead.

8 SOUTH DRIVE: Plot and Title Map

8 SOUTH DRIVE sits on a plot of roughly 0.294 of an acre, or 1,188m². The below map shows the location of 8 SOUTH 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 8 SOUTH 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 8 SOUTH DRIVE?

8 SOUTH DRIVE is located in BANSTEAD, in the SM7 postcode district. The below map shows the position of No. 8 on SOUTH DRIVE.