124, CHAPEL WAY, EPSOM, KT18 5SY - £645,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

124 CHAPEL WAY is a very small detached house of 81m², built sometime between 1930 and 1949. It was last sold for £645,000 in March 2021, which was around 17% below the average March 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

124 CHAPEL WAY Sold Prices

Land registry data shows two sales for 124 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 124 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
2021 16 MAR	£645,000	£779,064	17% below HPI
2015 9 SEP	£395,000	£685,076	42% below HPI

124 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 124 CHAPEL WAY sales from September 2015 and March 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 September 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 124 CHAPEL WAY?

124 CHAPEL WAY is 81m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses in Great Burgh, based on EPC data. The below chart shows the distribution of detached houses by size in Great Burgh, and where 124 CHAPEL WAY lies on this distribution: 2% of detached houses are smaller than 124 CHAPEL WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Great Burgh.

124 CHAPEL WAY: Plot and Title Map

124 CHAPEL WAY sits on a plot of roughly 0.213 of an acre, or 861m². The below map shows the location of 124 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 124 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 124 CHAPEL WAY?

124 CHAPEL WAY is located in EPSOM, in the KT18 postcode district. The below map shows the position of No. 124 on CHAPEL WAY.