FAIRWAYS, COULSDON LANE, CHIPSTEAD, COULSDON, CR5 3QG - £1,875,000

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

FAIRWAYS is a very large extended detached house of 352m², built sometime between 1900 and 1929. It was last sold for £1,875,000 in May 2018, which was around 151% above the average May 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

FAIRWAYS Sold Prices

Land registry data shows three sales for FAIRWAYS 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 FAIRWAYS 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 3 MAY	£1,875,000	£747,103	151% above HPI
2017 8 SEP	£1,500,000	£754,050	99% above HPI
2006 16 JUN	£970,000	£424,879	128% above HPI

FAIRWAYS 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 FAIRWAYS sales between June 2006 and May 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 September 2017 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the May 2018 sale, where it rises to 151% above the HPI. The line then continues to track at 151% above the HPI.

How Large is FAIRWAYS?

FAIRWAYS is 352m², which includes two extensions, according to the EPC inspection conducted in February 2017. 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 FAIRWAYS lies on this distribution: 85% of detached houses are smaller than FAIRWAYS, and 15% of houses are larger. Note that EPC data is not available for all properties in Chipstead.

FAIRWAYS: Plot and Title Map

FAIRWAYS sits on a plot of roughly 0.863 of an acre, or 3,494m². The below map shows the location of FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

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