42, OUTWOOD LANE, CHIPSTEAD, COULSDON, CR5 3NB - £585,000

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

42 OUTWOOD LANE is a very small extended detached house of 110m², built sometime between 1930 and 1949. It was last sold for £585,000 in December 2014, which was around 8% below the average December 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

42 OUTWOOD LANE Sold Prices

Land registry data shows three sales for 42 OUTWOOD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 42 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
2014 5 DEC	£585,000	£635,112	8% below HPI
2007 9 FEB	£420,000	£457,000	8% below HPI
2000 1 SEP	£270,000	£292,572	8% below HPI

42 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 three 42 OUTWOOD LANE sales between September 2000 and December 2014 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 February 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2014 sale, which was also at 8% below the HPI.

How Large is 42 OUTWOOD LANE?

42 OUTWOOD LANE is 110m², which includes one extension, according to the EPC inspection conducted in August 2014. 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 42 OUTWOOD LANE lies on this distribution: 19% of detached houses are smaller than 42 OUTWOOD LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Woodmansterne.

42 OUTWOOD LANE: Plot and Title Map

42 OUTWOOD LANE sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 42 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 42 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 42 OUTWOOD LANE?

42 OUTWOOD LANE is located in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of No. 42 on OUTWOOD LANE.