40, WATER MEAD, CHIPSTEAD, COULSDON, CR5 3NU - £515,000

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

40 WATER MEAD is a large detached house of 193m², built sometime between 1996 and 2002. It was last sold for £515,000 in September 2005, which was around 21% above the average September 2005 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.

40 WATER MEAD Sold Prices

Land registry data shows two sales for 40 WATER MEAD 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 40 WATER MEAD 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
2005 9 SEP	£515,000	£425,767	21% above HPI
2003 4 APR	£540,000	£382,372	41% above HPI

40 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 two 40 WATER MEAD sales from April 2003 and September 2005 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 April 2003 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the September 2005 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 40 WATER MEAD?

40 WATER MEAD is 193m² according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses in Woodmansterne, based on EPC data. The below chart shows the distribution of detached houses by size in Woodmansterne, and where 40 WATER MEAD lies on this distribution: 77% of detached houses are smaller than 40 WATER MEAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Woodmansterne.

40 WATER MEAD: Plot and Title Map

40 WATER MEAD sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 40 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 40 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 40 WATER MEAD?

40 WATER MEAD is located in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of No. 40 on WATER MEAD.