ASHDENE, OUTWOOD LANE, CHIPSTEAD, COULSDON, CR5 3NP - £1,340,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

ASHDENE is a very large extended detached house of 354m², built sometime between 1900 and 1929. It was last sold for £1,340,000 in September 2018, which was around 73% above the average September 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

ASHDENE Sold Prices

Land registry data shows three sales for ASHDENE 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 ASHDENE sales were for above 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
2018 4 SEP	£1,340,000	£776,501	73% above HPI
2012 11 MAY	£980,000	£501,698	95% above HPI
2008 1 DEC	£750,000	£447,025	68% above HPI

ASHDENE 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 ASHDENE sales between December 2008 and September 2018 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 2012 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the September 2018 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is ASHDENE?

ASHDENE is 354m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 20% of detached houses in Chipstead, based on EPC data. The below chart shows the distribution of detached houses by size in Chipstead, and where ASHDENE lies on this distribution: 86% of detached houses are smaller than ASHDENE, and 14% of houses are larger. Note that EPC data is not available for all properties in Chipstead.

ASHDENE: Plot and Title Map

ASHDENE sits on a plot of roughly 0.739 of an acre, or 2,992m². The below map shows the location of ASHDENE, 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 ASHDENE). 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 ASHDENE?

ASHDENE is located on OUTWOOD LANE in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of ASHDENE on OUTWOOD LANE.