4, MIDDLEFIELD CLOSE, CHIPSTEAD, COULSDON, CR5 3NX - £750,000

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.

4 MIDDLEFIELD CLOSE is a midsized detached house of 232m², which could now be worth an estimated £1,172,612. It was last sold for £750,000 in March 2014, which was around 24% above the average March 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2011, where the current energy rating was B, and the potential energy rating was B.

4 MIDDLEFIELD CLOSE Sold Prices

Land registry data shows two sales for 4 MIDDLEFIELD CLOSE 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 4 MIDDLEFIELD CLOSE 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
2014 14 MAR	£750,000	£606,876	24% above HPI
2012 11 JUN	£735,000	£533,196	38% above HPI

4 MIDDLEFIELD CLOSE 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 4 MIDDLEFIELD CLOSE sales from June 2012 and March 2014 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 2012 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the March 2014 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 4 MIDDLEFIELD CLOSE be worth now?

4 MIDDLEFIELD CLOSE might now be worth an estimated £1,172,612.

This is based on house price inflation of 56.3%, between March 2014 and April 2026, 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 56.3% inflationary increase is applied to the most recent sale price for 4 MIDDLEFIELD CLOSE of £750,000 on 14th March 2014. For the value to have increased from £750,000 to £1,172,612 over the eleven years and eleven months to April 2026, the following assumptions must hold true:

• The value of 4 MIDDLEFIELD CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The March 2014 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MIDDLEFIELD CLOSE has not materially changed since March 2014.

How Large is 4 MIDDLEFIELD CLOSE?

4 MIDDLEFIELD CLOSE is 232m² according to the EPC inspection conducted in November 2011. This puts it in the largest 50% of detached houses houses in Chipstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chipstead, and where 4 MIDDLEFIELD CLOSE lies on this distribution: 55% of detached houses houses are smaller than 4 MIDDLEFIELD CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Chipstead.

4 MIDDLEFIELD CLOSE: Plot and Title Map

4 MIDDLEFIELD CLOSE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 4 MIDDLEFIELD CLOSE, 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 4 MIDDLEFIELD CLOSE). 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 4 MIDDLEFIELD CLOSE?

4 MIDDLEFIELD CLOSE is located in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of No. 4 on MIDDLEFIELD CLOSE.