HOLLY COTTAGE, RICKMAN HILL ROAD, CHIPSTEAD, COULSDON, CR5 3LA - £648,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

HOLLY COTTAGE is a very small extended detached house of 155m², built sometime between 1930 and 1949. It was last sold for £648,000 in November 2011, which was around 30% above the average November 2011 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

HOLLY COTTAGE Sold Prices

Land registry data shows two sales for HOLLY COTTAGE 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 HOLLY COTTAGE 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
2011 25 NOV	£648,000	£500,375	30% above HPI
1998 15 OCT	£265,000	£211,467	25% above HPI

HOLLY COTTAGE 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 HOLLY COTTAGE sales from October 1998 and November 2011 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 1998 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the November 2011 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is HOLLY COTTAGE?

HOLLY COTTAGE is 155m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 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 HOLLY COTTAGE lies on this distribution: 17% of detached houses are smaller than HOLLY COTTAGE, and 83% of houses are larger. Note that EPC data is not available for all properties in Chipstead.

HOLLY COTTAGE: Plot and Title Map

HOLLY COTTAGE sits on a plot of roughly 0.202 of an acre, or 816m². The below map shows the location of HOLLY COTTAGE, 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 HOLLY COTTAGE). 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 HOLLY COTTAGE?

HOLLY COTTAGE is located on RICKMAN HILL ROAD in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of HOLLY COTTAGE on RICKMAN HILL ROAD.