RED CHIMNEYS, WARREN DRIVE, KINGSWOOD, TADWORTH, KT20 6PZ - £2,500,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

RED CHIMNEYS is a midsized extended detached house of 299m², built sometime between 1930 and 1949. It was last sold for £2,500,000 in January 2023, which was around 184% above the average January 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

RED CHIMNEYS Sold Prices

Land registry data shows two sales for RED CHIMNEYS 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 RED CHIMNEYS 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
2023 27 JAN	£2,500,000	£881,676	184% above HPI
1995 17 MAY	£340,000	£144,666	135% above HPI

RED CHIMNEYS 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 RED CHIMNEYS sales from May 1995 and January 2023 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 1995 sale was for 135% above the HPI. So the extrapolation line tracks at 135% above the HPI over time, until the January 2023 sale, where it rises to 184% above the HPI. The line then continues to track at 184% above the HPI.

How Large is RED CHIMNEYS?

RED CHIMNEYS is 299m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 50% of detached houses in Kingswood, based on EPC data. The below chart shows the distribution of detached houses by size in Kingswood, and where RED CHIMNEYS lies on this distribution: 57% of detached houses are smaller than RED CHIMNEYS, and 43% of houses are larger. Note that EPC data is not available for all properties in Kingswood.

RED CHIMNEYS: Plot and Title Map

RED CHIMNEYS sits on a plot of roughly 1.1 acres, or 4,318m². The below map shows the location of RED CHIMNEYS, 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 RED CHIMNEYS). 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 RED CHIMNEYS?

RED CHIMNEYS is located on WARREN DRIVE in KINGSWOOD, in the KT20 postcode district. The below map shows the position of RED CHIMNEYS on WARREN DRIVE.