HEDGESIDE, WALPOLE AVENUE, CHIPSTEAD, COULSDON, CR5 3PP - £2,500,000

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

HEDGESIDE is a very large detached house of 624m². It was last sold for £2,500,000 in December 2019, which was around 230% above the average December 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2019, where the current energy rating was B, and the potential energy rating was B.

HEDGESIDE Sold Prices

Land registry data shows two sales for HEDGESIDE 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 HEDGESIDE 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 20 DEC	£2,500,000	£758,389	230% above HPI
2017 15 NOV	£1,200,000	£759,903	58% above HPI

HEDGESIDE 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 HEDGESIDE sales from November 2017 and December 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 November 2017 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the December 2019 sale, where it rises to 230% above the HPI. The line then continues to track at 230% above the HPI.

How Large is HEDGESIDE?

HEDGESIDE is 624m² according to the EPC inspection conducted in September 2019. This puts it in the largest 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 HEDGESIDE lies on this distribution: More than 99% of detached houses are smaller than HEDGESIDE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Chipstead.

HEDGESIDE: Plot and Title Map

HEDGESIDE sits on a plot of roughly 0.419 of an acre, or 1,694m². The below map shows the location of HEDGESIDE, 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 HEDGESIDE). 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 HEDGESIDE?

HEDGESIDE is located on WALPOLE AVENUE in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of HEDGESIDE on WALPOLE AVENUE.