4, GRANGE CLOSE, CHIPSTEAD, COULSDON, CR5 3DZ - £1,925,000

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.

4 GRANGE CLOSE is a very large detached house of 440m², which could now be worth an estimated £1,840,739. It was last sold for £1,925,000 in September 2022, which was around 105% above the average September 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2013, where the current energy rating was B, and the potential energy rating was B.

4 GRANGE CLOSE Sold Prices

Land registry data shows two sales for 4 GRANGE 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 4 GRANGE 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 16 SEP	£1,925,000	£939,755	105% above HPI
2013 21 NOV	£1,680,000	£575,284	192% above HPI

4 GRANGE 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 4 GRANGE CLOSE sales from November 2013 and September 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 November 2013 sale was for 192% above the HPI. So the extrapolation line tracks at 192% above the HPI over time, until the September 2022 sale, where it falls to 105% above the HPI. The line then continues to track at 105% above the HPI.

What might 4 GRANGE CLOSE be worth now?

4 GRANGE CLOSE might now be worth an estimated £1,840,739.

This is based on house price deflation of 4.4%, between September 2022 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 4.4% deflationary decrease is applied to the most recent sale price for 4 GRANGE CLOSE of £1,925,000 on 16th September 2022. For the value to have decreased from £1,925,000 to £1,840,739 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 GRANGE CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The September 2022 sale price of £1,925,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GRANGE CLOSE has not materially changed since September 2022.

How Large is 4 GRANGE CLOSE?

4 GRANGE CLOSE is 440m² according to the EPC inspection conducted in August 2013. This puts it in the largest 10% 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 4 GRANGE CLOSE lies on this distribution: 94% of detached houses houses are smaller than 4 GRANGE CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Chipstead.

4 GRANGE CLOSE: Plot and Title Map

4 GRANGE CLOSE sits on a plot of roughly 0.263 of an acre, or 1,065m². The below map shows the location of 4 GRANGE 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 4 GRANGE 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 4 GRANGE CLOSE?

4 GRANGE CLOSE is located in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of No. 4 on GRANGE CLOSE.