Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
2 CLEAVE PRIOR is a midsized extended detached house of 228m², built sometime between 1976 and 1982. It was last sold for £762,500 in January 2020, which was around 2% above the average January 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 2 CLEAVE PRIOR since 1st 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 2 CLEAVE PRIOR 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 |
---|---|---|---|
2020 30 JAN | £762,500 | £747,852 | 2% above HPI |
2016 27 MAY | £818,000 | £709,506 | 15% above HPI |
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 2 CLEAVE PRIOR sales from May 2016 and January 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 May 2016 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2020 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.
2 CLEAVE PRIOR is 228m², which includes three extensions, according to the EPC inspection conducted in August 2013. 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 CLEAVE PRIOR lies on this distribution: 52% of detached houses are smaller than 2 CLEAVE PRIOR, and 48% of houses are larger. Note that EPC data is not available for all properties in Chipstead.
2 CLEAVE PRIOR sits on a plot of roughly 0.398 of an acre, or 1,611m². The below map shows the location of 2 CLEAVE PRIOR, 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 2 CLEAVE PRIOR). 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.
2 CLEAVE PRIOR is located in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of No. 2 on CLEAVE PRIOR.