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

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

MONTANA is a very large detached house of 291m², built sometime between 1996 and 2002. It was last sold for £1,030,000 in January 2016, which was around 46% 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	£705,733	46% above HPI
2014 19 AUG	£900,000	£610,352	47% above HPI
2007 12 DEC	£940,000	£509,766	84% above HPI
2002 26 APR	£485,000	£333,304	46% 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 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the January 2016 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

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 in Woodmansterne, based on EPC data. The below chart shows the distribution of detached houses by size in Woodmansterne, and where MONTANA lies on this distribution: 94% of detached 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.