37, CHAPEL WAY, EPSOM, KT18 5TE - £399,950

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.

37 CHAPEL WAY is a very small terraced house of 70m², built sometime between 1950 and 1966, which could now be worth an estimated £532,692. It was last sold for £399,950 in July 2015, which was around 23% above the average July 2015 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

37 CHAPEL WAY Sold Prices

Land registry data shows six sales for 37 CHAPEL WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. All of the six 37 CHAPEL WAY 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
2015 20 JUL	£399,950	£324,598	23% above HPI
2011 11 NOV	£298,500	£234,627	27% above HPI
2006 6 OCT	£292,000	£216,737	35% above HPI
2006 26 MAY	£275,000	£210,931	30% above HPI
2000 6 NOV	£142,000	£125,233	13% above HPI
1995 21 JUL	£78,000	£67,814	15% above HPI

37 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 six 37 CHAPEL WAY sales between July 1995 and July 2015 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 November 2011 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the July 2015 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 37 CHAPEL WAY be worth now?

37 CHAPEL WAY might now be worth an estimated £532,692.

This is based on house price inflation of 33.2%, between July 2015 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 33.2% inflationary increase is applied to the most recent sale price for 37 CHAPEL WAY of £399,950 on 20th July 2015. For the value to have increased from £399,950 to £532,692 over the ten years and one month to June 2025, the following assumptions must hold true:

• The value of 37 CHAPEL WAY has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The July 2015 sale price of £399,950 represented a fair market value for the property.
• The size, condition, and specification of 37 CHAPEL WAY has not materially changed since July 2015.

How Large is 37 CHAPEL WAY?

37 CHAPEL WAY is 70m² according to the EPC inspection conducted in June 2011. 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 37 CHAPEL WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 37 CHAPEL WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Great Burgh.

37 CHAPEL WAY: Plot and Title Map

37 CHAPEL WAY sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 37 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 37 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 37 CHAPEL WAY?

37 CHAPEL WAY is located in EPSOM, in the KT18 postcode district. The below map shows the position of No. 37 on CHAPEL WAY.