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
46 OUTWOOD LANE is a large extended detached house of 168m², built sometime between 1930 and 1949. It was last sold for £815,000 in January 2021, which was around 2% above the average January 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 46 OUTWOOD LANE 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. Most of the five 46 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 |
---|---|---|---|
2021 21 JAN | £815,000 | £801,033 | 2% above HPI |
2015 30 NOV | £637,500 | £689,288 | 8% below HPI |
2008 26 JUN | £445,000 | £513,169 | 13% below HPI |
1998 2 OCT | £208,000 | £211,467 | 2% below HPI |
1997 29 AUG | £170,000 | £179,940 | 6% below 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 46 OUTWOOD LANE sales between August 1997 and January 2021 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 November 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.
46 OUTWOOD LANE is 168m², which includes four extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses in Woodmansterne, based on EPC data. The below chart shows the distribution of detached houses by size in Woodmansterne, and where 46 OUTWOOD LANE lies on this distribution: 64% of detached houses are smaller than 46 OUTWOOD LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Woodmansterne.
46 OUTWOOD LANE sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 46 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 46 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.
46 OUTWOOD LANE is located in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of No. 46 on OUTWOOD LANE.