OUTWOOD COTTAGE, OUTWOOD LANE, CHIPSTEAD, COULSDON, CR5 3NF - £890,000

OUTWOOD COTTAGE is a small extended detached house of 125m², built sometime between 1930 and 1949. It was last sold for £890,000 in July 2023, which was around 1% above the average July 2023 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.

OUTWOOD COTTAGE Sold Prices

Land registry data shows two sales for OUTWOOD 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 OUTWOOD 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
2023 20 JUL	£890,000	£880,543	1% above HPI
1999 12 OCT	£250,000	£242,492	3% above HPI

OUTWOOD 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 OUTWOOD COTTAGE sales from October 1999 and July 2023 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 1999 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2023 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is OUTWOOD COTTAGE?

OUTWOOD COTTAGE is 125m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses in Woodmansterne, based on EPC data. The below chart shows the distribution of detached houses by size in Woodmansterne, and where OUTWOOD COTTAGE lies on this distribution: 30% of detached houses are smaller than OUTWOOD COTTAGE, and 69% of houses are larger. Note that EPC data is not available for all properties in Woodmansterne.

OUTWOOD COTTAGE: Plot and Title Map

OUTWOOD COTTAGE sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of OUTWOOD 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 OUTWOOD 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 OUTWOOD COTTAGE?

OUTWOOD COTTAGE is located on OUTWOOD LANE in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of OUTWOOD COTTAGE on OUTWOOD LANE.