27, WATER MEAD, CHIPSTEAD, COULSDON, CR5 3NT - £625,000

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

27 WATER MEAD is a large detached house of 174m², built sometime between 2003 and 2006. It was last sold for £625,000 in October 2014, which was around 3% below the average October 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was C.

27 WATER MEAD Sold Prices

Land registry data shows three sales for 27 WATER MEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. The three 27 WATER MEAD sales were a mix of below the average price, roughly equal to the average price, and 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
2014 13 OCT	£625,000	£644,176	3% below HPI
2010 10 AUG	£499,000	£501,187	Close to HPI
2003 30 JUN	£455,000	£395,394	15% above HPI

27 WATER MEAD 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 three 27 WATER MEAD sales between June 2003 and October 2014 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 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2014 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 27 WATER MEAD?

27 WATER MEAD is 174m² according to the EPC inspection conducted in March 2014. This puts it in the largest 40% of detached houses in Woodmansterne, based on EPC data. The below chart shows the distribution of detached houses by size in Woodmansterne, and where 27 WATER MEAD lies on this distribution: 67% of detached houses are smaller than 27 WATER MEAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Woodmansterne.

27 WATER MEAD: Plot and Title Map

27 WATER MEAD sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 27 WATER MEAD, 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 27 WATER MEAD). 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 27 WATER MEAD?

27 WATER MEAD is located in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of No. 27 on WATER MEAD.