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
31 HOLLYMEAD ROAD is a large extended detached house of 281m², built sometime between 1950 and 1966. It was last sold for £725,000 in May 2007, which was around 53% above the average May 2007 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 31 HOLLYMEAD ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the five 31 HOLLYMEAD ROAD 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 |
---|---|---|---|
2007 22 MAY | £725,000 | £472,521 | 53% above HPI |
2003 8 AUG | £565,000 | £401,485 | 41% above HPI |
1999 14 MAY | £350,000 | £210,641 | 66% above HPI |
1998 16 JAN | £320,000 | £191,118 | 67% above HPI |
1997 6 JUN | £295,000 | £169,001 | 75% 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 five 31 HOLLYMEAD ROAD sales between June 1997 and May 2007 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 August 2003 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the May 2007 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.
31 HOLLYMEAD ROAD is 281m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 30% of detached houses in Chipstead, based on EPC data. The below chart shows the distribution of detached houses by size in Chipstead, and where 31 HOLLYMEAD ROAD lies on this distribution: 76% of detached houses are smaller than 31 HOLLYMEAD ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Chipstead.
31 HOLLYMEAD ROAD sits on a plot of roughly 0.503 of an acre, or 2,037m². The below map shows the location of 31 HOLLYMEAD 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 31 HOLLYMEAD 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.
31 HOLLYMEAD ROAD is located in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of No. 31 on HOLLYMEAD ROAD.