4, CHIPSTEAD LANE, LOWER KINGSWOOD, TADWORTH, KT20 6RE - £708,000

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

4 CHIPSTEAD LANE is a small extended detached house of 115m², built sometime between 1976 and 1982. It was last sold for £708,000 in March 2023, which was around 19% below the average March 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

4 CHIPSTEAD LANE Sold Prices

Land registry data shows two sales for 4 CHIPSTEAD LANE 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 4 CHIPSTEAD LANE 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
2023 24 MAR	£708,000	£868,940	19% below HPI
2016 14 JAN	£425,000	£705,733	40% below HPI

4 CHIPSTEAD LANE 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 4 CHIPSTEAD LANE sales from January 2016 and March 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 January 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 4 CHIPSTEAD LANE?

4 CHIPSTEAD LANE is 115m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 40% of detached houses in Lower Kingswood, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Kingswood, and where 4 CHIPSTEAD LANE lies on this distribution: 35% of detached houses are smaller than 4 CHIPSTEAD LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Lower Kingswood.

4 CHIPSTEAD LANE: Plot and Title Map

4 CHIPSTEAD LANE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 4 CHIPSTEAD LANE, 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 4 CHIPSTEAD LANE). 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 4 CHIPSTEAD LANE?

4 CHIPSTEAD LANE is located in LOWER KINGSWOOD, in the KT20 postcode district. The below map shows the position of No. 4 on CHIPSTEAD LANE.