488, CHIPSTEAD VALLEY ROAD, COULSDON, CR5 3BN - £375,000

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.

488 CHIPSTEAD VALLEY ROAD is a very small extended terraced house of 77m², built sometime between 1930 and 1949, which could now be worth an estimated £422,963. It was last sold for £375,000 in June 2021, which was around 2% below the average June 2021 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

488 CHIPSTEAD VALLEY ROAD Sold Prices

Land registry data shows three sales for 488 CHIPSTEAD VALLEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. Two of the three 488 CHIPSTEAD VALLEY ROAD sales were for below the average price, whilst one was 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 2 JUN	£375,000	£383,306	2% below HPI
2016 3 JUN	£357,500	£353,603	1% above HPI
1999 27 MAY	£91,950	£94,161	2% below HPI

488 CHIPSTEAD VALLEY ROAD 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 three 488 CHIPSTEAD VALLEY ROAD sales between May 1999 and June 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 June 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 488 CHIPSTEAD VALLEY ROAD be worth now?

488 CHIPSTEAD VALLEY ROAD might now be worth an estimated £422,963.

This is based on house price inflation of 12.8%, between June 2021 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 12.8% inflationary increase is applied to the most recent sale price for 488 CHIPSTEAD VALLEY ROAD of £375,000 on 2nd June 2021. For the value to have increased from £375,000 to £422,963 over the four years to June 2025, the following assumptions must hold true:

• The value of 488 CHIPSTEAD VALLEY ROAD has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The June 2021 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 488 CHIPSTEAD VALLEY ROAD has not materially changed since June 2021.

How Large is 488 CHIPSTEAD VALLEY ROAD?

488 CHIPSTEAD VALLEY ROAD is 77m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% of terraced houses houses in Coulsdon, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Coulsdon, and where 488 CHIPSTEAD VALLEY ROAD lies on this distribution: 3% of terraced houses houses are smaller than 488 CHIPSTEAD VALLEY ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Coulsdon.

488 CHIPSTEAD VALLEY ROAD: Plot and Title Map

488 CHIPSTEAD VALLEY ROAD sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 488 CHIPSTEAD VALLEY ROAD, 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 488 CHIPSTEAD VALLEY ROAD). 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 488 CHIPSTEAD VALLEY ROAD?

488 CHIPSTEAD VALLEY ROAD is located in COULSDON, in the CR5 postcode district. The below map shows the position of No. 488 on CHIPSTEAD VALLEY ROAD.