MONTANA, HAZEL WAY, CHIPSTEAD, COULSDON, CR5 3PJ - £1,030,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

MONTANA is a very large detached house of 291m², built sometime between 1996 and 2002, which could now be worth an estimated £1,250,414. It was last sold for £1,030,000 in January 2016, which was around 39% above the average January 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was C.

MONTANA Sold Prices

Land registry data shows four sales for MONTANA 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 MONTANA 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
2016 8 JAN	£1,030,000	£740,218	39% above HPI
2014 19 AUG	£900,000	£640,176	41% above HPI
2007 12 DEC	£940,000	£534,675	76% above HPI
2002 26 APR	£485,000	£349,591	39% above HPI

MONTANA 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 MONTANA sales between April 2002 and January 2016 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 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the January 2016 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might MONTANA be worth now?

MONTANA might now be worth an estimated £1,250,414.

This is based on house price inflation of 21.4%, between January 2016 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 21.4% inflationary increase is applied to the most recent sale price for MONTANA of £1,030,000 on 8th January 2016. For the value to have increased from £1,030,000 to £1,250,414 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of MONTANA has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The January 2016 sale price of £1,030,000 represented a fair market value for the property.
• The size, condition, and specification of MONTANA has not materially changed since January 2016.

How Large is MONTANA?

MONTANA is 291m² according to the EPC inspection conducted in June 2015. This puts it in the largest 10% 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 MONTANA lies on this distribution: 94% of detached houses houses are smaller than MONTANA, and 6% of houses are larger. Note that EPC data is not available for all properties in Woodmansterne.

MONTANA: Plot and Title Map

MONTANA sits on a plot of roughly 0.316 of an acre, or 1,279m². The below map shows the location of MONTANA, 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 MONTANA). 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 MONTANA?

MONTANA is located on HAZEL WAY in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of MONTANA on HAZEL WAY.