62, OUTWOOD LANE, CHIPSTEAD, COULSDON, CR5 3NB - £833,000

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

62 OUTWOOD LANE is a small extended detached house of 134m², built sometime between 1930 and 1949. It was last sold for £833,000 in September 2021, which was around 5% above the average September 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

62 OUTWOOD LANE Sold Prices

Land registry data shows three sales for 62 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. One of the three 62 OUTWOOD LANE sales was for above the average price, whilst two 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 17 SEP	£833,000	£791,383	5% above HPI
2017 22 SEP	£550,000	£754,050	27% below HPI
1999 30 APR	£182,500	£207,209	12% below HPI

62 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 62 OUTWOOD LANE sales between April 1999 and September 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 September 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 62 OUTWOOD LANE?

62 OUTWOOD LANE is 134m², which includes four extensions, according to the EPC inspection conducted in May 2019. This puts it in the smallest 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 62 OUTWOOD LANE lies on this distribution: 39% of detached houses are smaller than 62 OUTWOOD LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Woodmansterne.

62 OUTWOOD LANE: Plot and Title Map

62 OUTWOOD LANE sits on a plot of roughly 0.080 of an acre, or 326m². The below map shows the location of 62 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 62 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 62 OUTWOOD LANE?

62 OUTWOOD LANE is located in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of No. 62 on OUTWOOD LANE.