NORTON, WALPOLE AVENUE, CHIPSTEAD, COULSDON, CR5 3PQ - £1,500,000

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

NORTON is a very large extended detached house of 338m², built sometime between 1900 and 1929. It was last sold for £1,500,000 in February 2024, which was around 76% above the average February 2024 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

NORTON Sold Prices

Land registry data shows two sales for NORTON 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 NORTON 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
2024 23 FEB	£1,500,000	£853,445	76% above HPI
2006 11 JAN	£825,000	£421,387	96% above HPI

NORTON 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 NORTON sales from January 2006 and February 2024 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 January 2006 sale was for 96% above the HPI. So the extrapolation line tracks at 96% above the HPI over time, until the February 2024 sale, where it falls to 76% above the HPI. The line then continues to track at 76% above the HPI.

How Large is NORTON?

NORTON is 338m², which includes one extension, according to the EPC inspection conducted in August 2018. 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 NORTON lies on this distribution: 84% of detached houses are smaller than NORTON, and 16% of houses are larger. Note that EPC data is not available for all properties in Chipstead.

NORTON: Plot and Title Map

NORTON sits on a plot of roughly 0.726 of an acre, or 2,939m². The below map shows the location of NORTON, 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 NORTON). 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 NORTON?

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