1, WATER MEAD, CHIPSTEAD, COULSDON, CR5 3NT - £630,000

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.

1 WATER MEAD is a midsized semi-detached house of 153m², built sometime between 1996 and 2002, which could now be worth an estimated £716,294. It was last sold for £630,000 in January 2021, which was around 32% above the average January 2021 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

1 WATER MEAD Sold Prices

Land registry data shows three sales for 1 WATER MEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 1 WATER MEAD 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
2021 15 JAN	£630,000	£476,940	32% above HPI
2009 7 APR	£345,000	£245,768	40% above HPI
2002 27 SEP	£335,000	£204,460	64% above HPI

1 WATER MEAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The three 1 WATER MEAD sales between September 2002 and January 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 April 2009 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the January 2021 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 1 WATER MEAD be worth now?

1 WATER MEAD might now be worth an estimated £716,294.

This is based on house price inflation of 13.7%, between January 2021 and May 2026, for semi-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 13.7% inflationary increase is applied to the most recent sale price for 1 WATER MEAD of £630,000 on 15th January 2021. For the value to have increased from £630,000 to £716,294 over the four years and eight months to May 2026, the following assumptions must hold true:

• The value of 1 WATER MEAD has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The January 2021 sale price of £630,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WATER MEAD has not materially changed since January 2021.

How Large is 1 WATER MEAD?

1 WATER MEAD is 153m² according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of semi-detached houses houses in Woodmansterne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Woodmansterne, and where 1 WATER MEAD lies on this distribution: 50% of semi-detached houses houses are smaller than 1 WATER MEAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Woodmansterne.

1 WATER MEAD: Plot and Title Map

1 WATER MEAD sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 1 WATER MEAD, 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 1 WATER MEAD). 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 1 WATER MEAD?

1 WATER MEAD is located in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of No. 1 on WATER MEAD.