2, 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.

2 MIDDLEFIELD CLOSE is a midsized detached house of 232m², built in 2010, which could now be worth an estimated £1,312,713. It was last sold for £750,000 in May 2012, which was around 43% above the average May 2012 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.

2 MIDDLEFIELD CLOSE Sold Prices

Land registry data shows one sale for 2 MIDDLEFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 30 MAY	£750,000	£526,214	43% above HPI

What might 2 MIDDLEFIELD CLOSE be worth now?

2 MIDDLEFIELD CLOSE might now be worth an estimated £1,312,713.

This is based on house price inflation of 75%, between May 2012 and May 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 75% inflationary increase is applied to the most recent sale price for 2 MIDDLEFIELD CLOSE of £750,000 on 30th May 2012. For the value to have increased from £750,000 to £1,312,713 over the fourteen years to May 2026, the following assumptions must hold true:

• The value of 2 MIDDLEFIELD CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The May 2012 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MIDDLEFIELD CLOSE has not materially changed since May 2012.

How Large is 2 MIDDLEFIELD CLOSE?

2 MIDDLEFIELD CLOSE is 232m² according to the EPC inspection conducted in November 2011. This puts it in the largest 50% of detached houses in Chipstead, based on EPC data. The below chart shows the distribution of detached houses by size in Chipstead, and where 2 MIDDLEFIELD CLOSE lies on this distribution: 55% of detached houses are smaller than 2 MIDDLEFIELD CLOSE, and 44% of detached houses are larger. Note that EPC data is not available for all properties in Chipstead.

2 MIDDLEFIELD CLOSE: Plot

2 MIDDLEFIELD CLOSE sits on a plot of roughly 0.128 of an acre, or 516m².

Where is 2 MIDDLEFIELD CLOSE?

2 MIDDLEFIELD CLOSE is located in CHIPSTEAD, in the CR5 postcode district.