INNISFREE, WALPOLE AVENUE, CHIPSTEAD, COULSDON, CR5 3PR - £1,950,000

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

INNISFREE is a very large extended detached house of 353m², built sometime between 1900 and 1929. It was last sold for £1,950,000 in November 2012, which was around 269% above the average November 2012 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2012, where the current energy rating was F, and the potential energy rating was D.

INNISFREE Sold Prices

Land registry data shows three sales for INNISFREE 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 INNISFREE 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
2012 19 NOV	£1,950,000	£528,443	269% above HPI
2000 25 FEB	£1,250,000	£255,154	390% above HPI
1997 2 JUL	£750,000	£176,211	326% above HPI

INNISFREE 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 INNISFREE sales between July 1997 and November 2012 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 February 2000 sale was for 390% above the HPI. So the extrapolation line tracks at 390% above the HPI over time, until the November 2012 sale, where it falls to 269% above the HPI. The line then continues to track at 269% above the HPI.

How Large is INNISFREE?

INNISFREE is 353m², which includes two extensions, according to the EPC inspection conducted in April 2012. 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 INNISFREE lies on this distribution: 85% of detached houses are smaller than INNISFREE, and 15% of houses are larger. Note that EPC data is not available for all properties in Chipstead.

INNISFREE: Plot and Title Map

INNISFREE sits on a plot of roughly 1.3 acres, or 5,274m². The below map shows the location of INNISFREE, 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 INNISFREE). 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 INNISFREE?

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