3, MIDDLEFIELD CLOSE, CHIPSTEAD, COULSDON, CR5 3NX - £985,000

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

3 MIDDLEFIELD CLOSE is a midsized detached house of 235m², built sometime between 2007 and 2011, which could now be worth an estimated £1,025,187. It was last sold for £985,000 in February 2022, which was around 14% above the average February 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2021, where the current energy rating was B, and the potential energy rating was B.

3 MIDDLEFIELD CLOSE Sold Prices

Land registry data shows two sales for 3 MIDDLEFIELD CLOSE 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 3 MIDDLEFIELD CLOSE 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
2022 24 FEB	£985,000	£867,012	14% above HPI
2012 14 DEC	£695,000	£544,888	28% above HPI

3 MIDDLEFIELD CLOSE 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 3 MIDDLEFIELD CLOSE sales from December 2012 and February 2022 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 December 2012 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the February 2022 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 3 MIDDLEFIELD CLOSE be worth now?

3 MIDDLEFIELD CLOSE might now be worth an estimated £1,025,187.

This is based on house price inflation of 4.1%, between February 2022 and December 2024, 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 4.1% inflationary increase is applied to the most recent sale price for 3 MIDDLEFIELD CLOSE of £985,000 on 24th February 2022. For the value to have increased from £985,000 to £1,025,187 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of 3 MIDDLEFIELD CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The February 2022 sale price of £985,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MIDDLEFIELD CLOSE has not materially changed since February 2022.

How Large is 3 MIDDLEFIELD CLOSE?

3 MIDDLEFIELD CLOSE is 235m² according to the EPC inspection conducted in December 2021. This puts it in the largest 50% of detached houses houses in Chipstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chipstead, and where 3 MIDDLEFIELD CLOSE lies on this distribution: 57% of detached houses houses are smaller than 3 MIDDLEFIELD CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Chipstead.

3 MIDDLEFIELD CLOSE: Plot and Title Map

3 MIDDLEFIELD CLOSE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 3 MIDDLEFIELD CLOSE, 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 3 MIDDLEFIELD CLOSE). 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 3 MIDDLEFIELD CLOSE?

3 MIDDLEFIELD CLOSE is located in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of No. 3 on MIDDLEFIELD CLOSE.