1, HOW GREEN COTTAGES, HOW LANE, CHIPSTEAD, COULSDON, CR5 3LL - £740,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 HOW GREEN COTTAGES is a very small extended semi-detached house of 127m², built sometime between 1900 and 1929, which could now be worth an estimated £749,933. It was last sold for £740,000 in February 2023, which was around 41% above the average February 2023 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

1 HOW GREEN COTTAGES Sold Prices

Land registry data shows three sales for 1 HOW GREEN COTTAGES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 1 HOW GREEN COTTAGES 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 20 FEB	£740,000	£525,674	41% above HPI
2020 30 JUN	£605,000	£460,740	31% above HPI
1997 31 JAN	£114,000	£91,256	25% above HPI

1 HOW GREEN COTTAGES 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 three 1 HOW GREEN COTTAGES sales between January 1997 and February 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 2020 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the February 2023 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 1 HOW GREEN COTTAGES be worth now?

1 HOW GREEN COTTAGES might now be worth an estimated £749,933.

This is based on house price inflation of 1.3%, between February 2023 and December 2024, 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 1.3% inflationary increase is applied to the most recent sale price for 1 HOW GREEN COTTAGES of £740,000 on 20th February 2023. For the value to have increased from £740,000 to £749,933 over the two months to December 2024, the following assumptions must hold true:

• The value of 1 HOW GREEN COTTAGES has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The February 2023 sale price of £740,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HOW GREEN COTTAGES has not materially changed since February 2023.

How Large is 1 HOW GREEN COTTAGES?

1 HOW GREEN COTTAGES is 127m², which includes two extensions, according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of semi-detached houses houses in Chipstead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chipstead, and where 1 HOW GREEN COTTAGES lies on this distribution: 5% of semi-detached houses houses are smaller than 1 HOW GREEN COTTAGES, and 95% of houses are larger. Note that EPC data is not available for all properties in Chipstead.

1 HOW GREEN COTTAGES: Plot and Title Map

1 HOW GREEN COTTAGES sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 1 HOW GREEN COTTAGES, 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 1 HOW GREEN COTTAGES). 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 1 HOW GREEN COTTAGES?

1 HOW GREEN COTTAGES is located on HOW LANE in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of 1 HOW GREEN COTTAGES on HOW LANE.