BARNWOOD COTTAGE, HIGH ROAD, CHIPSTEAD, COULSDON, CR5 3QP - £800,000

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.

BARNWOOD COTTAGE is a very small extended detached house of 123m², built sometime between 1930 and 1949, which could now be worth an estimated £866,083. It was last sold for £800,000 in September 2021, which was around 4% below the average September 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

BARNWOOD COTTAGE Sold Prices

Land registry data shows three sales for BARNWOOD COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Two of the three BARNWOOD COTTAGE sales were for below the average price, whilst one was 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
2021 29 SEP	£800,000	£830,054	4% below HPI
2001 17 MAY	£277,000	£313,608	12% below HPI
1996 8 AUG	£166,500	£160,170	4% above HPI

BARNWOOD COTTAGE 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 three BARNWOOD COTTAGE sales between August 1996 and September 2021 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 May 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might BARNWOOD COTTAGE be worth now?

BARNWOOD COTTAGE might now be worth an estimated £866,083.

This is based on house price inflation of 8.3%, between September 2021 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 8.3% inflationary increase is applied to the most recent sale price for BARNWOOD COTTAGE of £800,000 on 29th September 2021. For the value to have increased from £800,000 to £866,083 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of BARNWOOD COTTAGE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The September 2021 sale price of £800,000 represented a fair market value for the property.
• The size, condition, and specification of BARNWOOD COTTAGE has not materially changed since September 2021.

How Large is BARNWOOD COTTAGE?

BARNWOOD COTTAGE is 123m², which includes three extensions, according to the EPC inspection conducted in September 2017. This puts it in the smallest 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 BARNWOOD COTTAGE lies on this distribution: 5% of detached houses houses are smaller than BARNWOOD COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Chipstead.

BARNWOOD COTTAGE: Plot and Title Map

BARNWOOD COTTAGE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of BARNWOOD COTTAGE, 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 BARNWOOD COTTAGE). 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 BARNWOOD COTTAGE?

BARNWOOD COTTAGE is located on HIGH ROAD in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of BARNWOOD COTTAGE on HIGH ROAD.