74, OUTWOOD LANE, CHIPSTEAD, COULSDON, CR5 3ND - £345,000

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

74 OUTWOOD LANE is a small extended detached house of 136m², built sometime between 1930 and 1949. It was last sold for £345,000 in September 2006, which was around 22% below the average September 2006 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was B.

74 OUTWOOD LANE Sold Prices

Land registry data shows two sales for 74 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 74 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
2006 29 SEP	£345,000	£442,684	22% below HPI
2001 31 MAY	£246,000	£298,998	18% below HPI

74 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 74 OUTWOOD LANE sales from May 2001 and September 2006 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 May 2001 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2006 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 74 OUTWOOD LANE?

74 OUTWOOD LANE is 136m², which includes two extensions, according to the EPC inspection conducted in July 2024. 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 74 OUTWOOD LANE lies on this distribution: 39% of detached houses are smaller than 74 OUTWOOD LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Woodmansterne.

74 OUTWOOD LANE: Plot and Title Map

74 OUTWOOD LANE sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 74 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 74 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 74 OUTWOOD LANE?

74 OUTWOOD LANE is located in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of No. 74 on OUTWOOD LANE.