15, CHAPEL WAY, EPSOM, KT18 5TE - £267,500

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.

15 CHAPEL WAY is a very small terraced house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £502,855. It was last sold for £267,500 in December 2009, which was around 16% above the average December 2009 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

15 CHAPEL WAY Sold Prices

Land registry data shows five sales for 15 CHAPEL WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. The five 15 CHAPEL WAY sales were a mix of above the average price, and roughly equal to 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
2009 21 DEC	£267,500	£229,984	16% above HPI
2007 15 JUN	£249,950	£241,926	3% above HPI
2006 8 JUN	£249,950	£212,402	18% above HPI
2003 16 MAY	£185,000	£178,375	4% above HPI
2001 6 APR	£130,000	£130,286	Close to HPI

15 CHAPEL WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The five 15 CHAPEL WAY sales between April 2001 and December 2009 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 June 2007 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2009 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 15 CHAPEL WAY be worth now?

15 CHAPEL WAY might now be worth an estimated £502,855.

This is based on house price inflation of 88%, between December 2009 and June 2025, for terraced 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 88% inflationary increase is applied to the most recent sale price for 15 CHAPEL WAY of £267,500 on 21st December 2009. For the value to have increased from £267,500 to £502,855 over the sixteen years and six months to June 2025, the following assumptions must hold true:

• The value of 15 CHAPEL WAY has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The December 2009 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 15 CHAPEL WAY has not materially changed since December 2009.

How Large is 15 CHAPEL WAY?

15 CHAPEL WAY is 90m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% of terraced houses houses in Great Burgh, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Great Burgh, and where 15 CHAPEL WAY lies on this distribution: 8% of terraced houses houses are smaller than 15 CHAPEL WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Great Burgh.

15 CHAPEL WAY: Plot and Title Map

15 CHAPEL WAY sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 15 CHAPEL WAY, 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 15 CHAPEL WAY). 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 15 CHAPEL WAY?

15 CHAPEL WAY is located in EPSOM, in the KT18 postcode district. The below map shows the position of No. 15 on CHAPEL WAY.