34, OUTWOOD LANE, CHIPSTEAD, COULSDON, CR5 3NA - £596,000

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

34 OUTWOOD LANE is a very small detached house of 105m², built sometime between 1930 and 1949. It was last sold for £596,000 in October 2016, which was around 20% below the average October 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was B.

34 OUTWOOD LANE Sold Prices

Land registry data shows two sales for 34 OUTWOOD LANE since 1^st 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 34 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
2016 10 OCT	£596,000	£743,384	20% below HPI
2013 19 SEP	£465,000	£551,879	16% below HPI

34 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 two 34 OUTWOOD LANE sales from September 2013 and October 2016 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 September 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 34 OUTWOOD LANE?

34 OUTWOOD LANE is 105m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Woodmansterne, based on EPC data. The below chart shows the distribution of detached houses by size in Woodmansterne, and where 34 OUTWOOD LANE lies on this distribution: 16% of detached houses are smaller than 34 OUTWOOD LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Woodmansterne.

34 OUTWOOD LANE: Plot and Title Map

34 OUTWOOD LANE sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 34 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 34 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 34 OUTWOOD LANE?

34 OUTWOOD LANE is located in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of No. 34 on OUTWOOD LANE.