ILEX, RICKMAN HILL ROAD, CHIPSTEAD, COULSDON, CR5 3LA - £955,000

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

ILEX is a midsized detached house of 222m², built sometime between 2003 and 2006. It was last sold for £955,000 in January 2021, which was around 19% above the average January 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2010, where the current energy rating was C, and the potential energy rating was C.

ILEX Sold Prices

Land registry data shows three sales for ILEX 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 ILEX 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
2021 11 JAN	£955,000	£801,033	19% above HPI
2003 5 DEC	£490,000	£392,197	25% above HPI
2002 26 JUL	£360,000	£344,098	5% above HPI

ILEX 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 ILEX sales between July 2002 and January 2021 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 December 2003 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the January 2021 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is ILEX?

ILEX is 222m² according to the EPC inspection conducted in December 2010. 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 ILEX lies on this distribution: 50% of detached houses are smaller than ILEX, and 50% of houses are larger. Note that EPC data is not available for all properties in Chipstead.

ILEX: Plot and Title Map

ILEX sits on a plot of roughly 0.174 of an acre, or 705m². The below map shows the location of ILEX, 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 ILEX). 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 ILEX?

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