LAUREL BANK, STARROCK LANE, CHIPSTEAD, COULSDON, CR5 3QD - £1,600,000

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

LAUREL BANK is a midsized detached house of 229m². It was last sold for £1,600,000 in January 2018, which was around 114% above the average January 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was A.

LAUREL BANK Sold Prices

Land registry data shows two sales for LAUREL BANK 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 LAUREL BANK 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 31 JAN	£1,600,000	£747,720	114% above HPI
2016 9 FEB	£1,350,000	£719,786	88% above HPI

LAUREL BANK 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 LAUREL BANK sales from February 2016 and January 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 February 2016 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the January 2018 sale, where it rises to 114% above the HPI. The line then continues to track at 114% above the HPI.

How Large is LAUREL BANK?

LAUREL BANK is 229m² according to the EPC inspection conducted in August 2017. 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 LAUREL BANK lies on this distribution: 53% of detached houses are smaller than LAUREL BANK, and 46% of houses are larger. Note that EPC data is not available for all properties in Chipstead.

LAUREL BANK: Plot and Title Map

LAUREL BANK sits on a plot of roughly 0.388 of an acre, or 1,570m². The below map shows the location of LAUREL BANK, 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 LAUREL BANK). 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 LAUREL BANK?

LAUREL BANK is located on STARROCK LANE in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of LAUREL BANK on STARROCK LANE.