FAIRFIELD, HAZELWOOD LANE, CHIPSTEAD, COULSDON, CR5 3QW - £835,000

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

FAIRFIELD is a very small detached house of 131m², built sometime between 1983 and 1990. It was last sold for £835,000 in August 2019, which was around 10% above the average August 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

FAIRFIELD Sold Prices

Land registry data shows two sales for FAIRFIELD 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 FAIRFIELD 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
2019 6 AUG	£835,000	£756,209	10% above HPI
2013 16 OCT	£565,000	£549,507	3% above HPI

FAIRFIELD 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 FAIRFIELD sales from October 2013 and August 2019 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 October 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2019 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is FAIRFIELD?

FAIRFIELD is 131m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Chipstead, based on EPC data. The below chart shows the distribution of detached houses by size in Chipstead, and where FAIRFIELD lies on this distribution: 7% of detached houses are smaller than FAIRFIELD, and 93% of houses are larger. Note that EPC data is not available for all properties in Chipstead.

FAIRFIELD: Plot and Title Map

FAIRFIELD sits on a plot of roughly 0.247 of an acre, or 999m². The below map shows the location of FAIRFIELD, 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 FAIRFIELD). 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 FAIRFIELD?

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