116, CHAPEL WAY, EPSOM, KT18 5SY - £690,000

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.

116 CHAPEL WAY is a small extended detached house of 118m², built sometime between 1930 and 1949, which could now be worth an estimated £780,866. It was last sold for £690,000 in December 2018, which was around 13% below the average December 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

116 CHAPEL WAY Sold Prices

Land registry data shows two sales for 116 CHAPEL 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 116 CHAPEL 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
2018 21 DEC	£690,000	£794,051	13% below HPI
1999 14 OCT	£160,000	£254,342	37% below HPI

116 CHAPEL 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 116 CHAPEL WAY sales from October 1999 and December 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 1999 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2018 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 116 CHAPEL WAY be worth now?

116 CHAPEL WAY might now be worth an estimated £780,866.

This is based on house price inflation of 13.2%, between December 2018 and February 2025, for 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 13.2% inflationary increase is applied to the most recent sale price for 116 CHAPEL WAY of £690,000 on 21st December 2018. For the value to have increased from £690,000 to £780,866 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 116 CHAPEL WAY has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The December 2018 sale price of £690,000 represented a fair market value for the property.
• The size, condition, and specification of 116 CHAPEL WAY has not materially changed since December 2018.

How Large is 116 CHAPEL WAY?

116 CHAPEL WAY is 118m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% of detached houses houses in Great Burgh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Burgh, and where 116 CHAPEL WAY lies on this distribution: 29% of detached houses houses are smaller than 116 CHAPEL WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Great Burgh.

116 CHAPEL WAY: Plot and Title Map

116 CHAPEL WAY sits on a plot of roughly 0.169 of an acre, or 684m². The below map shows the location of 116 CHAPEL 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 116 CHAPEL 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 116 CHAPEL WAY?

116 CHAPEL WAY is located in EPSOM, in the KT18 postcode district. The below map shows the position of No. 116 on CHAPEL WAY.