8, CHAPEL WAY, EPSOM, KT18 5TF - £416,350

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.

8 CHAPEL WAY is a very small terraced house of 77m², built sometime between 1930 and 1949, which could now be worth an estimated £484,726. It was last sold for £416,350 in August 2018, which was around 12% above the average August 2018 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

8 CHAPEL WAY Sold Prices

Land registry data shows two sales for 8 CHAPEL WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 8 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
2018 23 AUG	£416,350	£371,346	12% above HPI
2012 11 JUN	£275,000	£244,681	12% above HPI

8 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 two 8 CHAPEL WAY sales from June 2012 and August 2018 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 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2018 sale, which was also at 12% above the HPI.

What might 8 CHAPEL WAY be worth now?

8 CHAPEL WAY might now be worth an estimated £484,726.

This is based on house price inflation of 16.4%, between August 2018 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 16.4% inflationary increase is applied to the most recent sale price for 8 CHAPEL WAY of £416,350 on 23rd August 2018. For the value to have increased from £416,350 to £484,726 over the seven years and two months to June 2025, the following assumptions must hold true:

• The value of 8 CHAPEL WAY has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The August 2018 sale price of £416,350 represented a fair market value for the property.
• The size, condition, and specification of 8 CHAPEL WAY has not materially changed since August 2018.

How Large is 8 CHAPEL WAY?

8 CHAPEL WAY is 77m² according to the EPC inspection conducted in November 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 8 CHAPEL WAY lies on this distribution: 2% of terraced houses houses are smaller than 8 CHAPEL WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Great Burgh.

8 CHAPEL WAY: Plot and Title Map

8 CHAPEL WAY sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 8 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 8 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 8 CHAPEL WAY?

8 CHAPEL WAY is located in EPSOM, in the KT18 postcode district. The below map shows the position of No. 8 on CHAPEL WAY.