45, CHILBERTON DRIVE, MERSTHAM, REDHILL, RH1 3HL - £462,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

45 CHILBERTON DRIVE is a very small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £462,000 in March 2018, which was around 38% below the average March 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

45 CHILBERTON DRIVE Sold Prices

Land registry data shows four sales for 45 CHILBERTON DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 45 CHILBERTON DRIVE 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
2018 29 MAR	£462,000	£746,393	38% below HPI
2014 20 AUG	£380,000	£610,352	38% below HPI
2002 5 SEP	£245,000	£359,872	32% below HPI
2000 14 FEB	£174,995	£255,154	31% below HPI

45 CHILBERTON DRIVE 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 four 45 CHILBERTON DRIVE sales between February 2000 and March 2018 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 2014 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2018 sale, which was also at 38% below the HPI.

How Large is 45 CHILBERTON DRIVE?

45 CHILBERTON DRIVE is 87m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in South Merstham, based on EPC data. The below chart shows the distribution of detached houses by size in South Merstham, and where 45 CHILBERTON DRIVE lies on this distribution: 11% of detached houses are smaller than 45 CHILBERTON DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in South Merstham.

45 CHILBERTON DRIVE: Plot and Title Map

45 CHILBERTON DRIVE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 45 CHILBERTON DRIVE, 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 45 CHILBERTON DRIVE). 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 45 CHILBERTON DRIVE?

45 CHILBERTON DRIVE is located in MERSTHAM, in the RH1 postcode district. The below map shows the position of No. 45 on CHILBERTON DRIVE.