14, OUTWOOD LANE, CHIPSTEAD, COULSDON, CR5 3NA - £715,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

14 OUTWOOD LANE is a midsized detached house of 137m², built sometime between 1930 and 1949. It was last sold for £715,000 in October 2020, which was around 11% below the average October 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

14 OUTWOOD LANE Sold Prices

Land registry data shows six sales for 14 OUTWOOD LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the six 14 OUTWOOD LANE sales were for below 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
2020 30 OCT	£715,000	£799,947	11% below HPI
2017 31 JUL	£607,500	£747,504	19% below HPI
2007 22 NOV	£475,000	£508,982	7% below HPI
2000 4 DEC	£277,000	£294,533	6% below HPI
1999 19 AUG	£229,000	£230,372	1% below HPI
1998 30 APR	£192,000	£194,362	1% below HPI

14 OUTWOOD LANE 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 six 14 OUTWOOD LANE sales between April 1998 and October 2020 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 July 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 14 OUTWOOD LANE?

14 OUTWOOD LANE is 137m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 50% of detached houses in Woodmansterne, based on EPC data. The below chart shows the distribution of detached houses by size in Woodmansterne, and where 14 OUTWOOD LANE lies on this distribution: 41% of detached houses are smaller than 14 OUTWOOD LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Woodmansterne.

14 OUTWOOD LANE: Plot and Title Map

14 OUTWOOD LANE sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 14 OUTWOOD LANE, 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 14 OUTWOOD LANE). 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 14 OUTWOOD LANE?

14 OUTWOOD LANE is located in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of No. 14 on OUTWOOD LANE.