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

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.

RED CHIMNEYS is a midsized extended detached house of 299m², built sometime between 1930 and 1949, which could now be worth an estimated £2,429,336. It was last sold for £2,500,000 in January 2023, which was around 170% 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	£924,759	170% above HPI
1995 17 MAY	£340,000	£151,735	124% 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 124% above the HPI. So the extrapolation line tracks at 124% above the HPI over time, until the January 2023 sale, where it rises to 170% above the HPI. The line then continues to track at 170% above the HPI.

What might RED CHIMNEYS be worth now?

RED CHIMNEYS might now be worth an estimated £2,429,336.

This is based on house price deflation of 2.8%, between January 2023 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 2.8% deflationary decrease is applied to the most recent sale price for RED CHIMNEYS of £2,500,000 on 27th January 2023. For the value to have decreased from £2,500,000 to £2,429,336 over the one year and eleven months to February 2025, the following assumptions must hold true:

• The value of RED CHIMNEYS has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The January 2023 sale price of £2,500,000 represented a fair market value for the property.
• The size, condition, and specification of RED CHIMNEYS has not materially changed since January 2023.

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 houses in Kingswood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kingswood, and where RED CHIMNEYS lies on this distribution: 57% of detached houses houses are smaller than RED CHIMNEYS, and 42% 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.