48, WATER MEAD, CHIPSTEAD, COULSDON, CR5 3NU - £550,000

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.

48 WATER MEAD is a very large detached house of 234m², built sometime between 1996 and 2002, which could now be worth an estimated £1,064,450. It was last sold for £550,000 in September 2006, which was around 18% above the average September 2006 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was C.

48 WATER MEAD Sold Prices

Land registry data shows two sales for 48 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 48 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
2006 14 SEP	£550,000	£464,316	18% above HPI
2003 26 JUN	£590,000	£414,715	42% above HPI

48 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 48 WATER MEAD sales from June 2003 and September 2006 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 June 2003 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the September 2006 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 48 WATER MEAD be worth now?

48 WATER MEAD might now be worth an estimated £1,064,450.

This is based on house price inflation of 93.5%, between September 2006 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 93.5% inflationary increase is applied to the most recent sale price for 48 WATER MEAD of £550,000 on 14th September 2006. For the value to have increased from £550,000 to £1,064,450 over the nineteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 48 WATER MEAD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The September 2006 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 48 WATER MEAD has not materially changed since September 2006.

How Large is 48 WATER MEAD?

48 WATER MEAD is 234m² according to the EPC inspection conducted in June 2021. This puts it in the largest 20% of detached houses houses in Woodmansterne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodmansterne, and where 48 WATER MEAD lies on this distribution: 86% of detached houses houses are smaller than 48 WATER MEAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Woodmansterne.

48 WATER MEAD: Plot and Title Map

48 WATER MEAD sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 48 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 48 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 48 WATER MEAD?

48 WATER MEAD is located in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of No. 48 on WATER MEAD.