BALGOWNIE, STARROCK LANE, CHIPSTEAD, COULSDON, CR5 3QD - £965,000

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

BALGOWNIE is a midsized detached house of 226m², built sometime between 1930 and 1949. It was last sold for £965,000 in April 2016, which was around 36% above the average April 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

BALGOWNIE Sold Prices

Land registry data shows two sales for BALGOWNIE 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 BALGOWNIE 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
2016 22 APR	£965,000	£709,435	36% above HPI
2002 23 AUG	£695,000	£353,639	97% above HPI

BALGOWNIE 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 BALGOWNIE sales from August 2002 and April 2016 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 August 2002 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the April 2016 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is BALGOWNIE?

BALGOWNIE is 226m² according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of detached houses in Chipstead, based on EPC data. The below chart shows the distribution of detached houses by size in Chipstead, and where BALGOWNIE lies on this distribution: 52% of detached houses are smaller than BALGOWNIE, and 48% of houses are larger. Note that EPC data is not available for all properties in Chipstead.

BALGOWNIE: Plot and Title Map

BALGOWNIE sits on a plot of roughly 0.557 of an acre, or 2,255m². The below map shows the location of BALGOWNIE, 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 BALGOWNIE). 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 BALGOWNIE?

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