RATH, OUTWOOD LANE, CHIPSTEAD, COULSDON, CR5 3NE - £750,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

RATH is a small extended detached house of 118m², built sometime between 1930 and 1949. It was last sold for £750,000 in September 2017, which was around 1% below the average September 2017 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was C.

RATH Sold Prices

Land registry data shows two sales for RATH 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 RATH sales were for below 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
2017 21 SEP	£750,000	£754,050	1% below HPI
2000 26 OCT	£245,000	£291,550	16% below HPI

RATH 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 RATH sales from October 2000 and September 2017 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 2000 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2017 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is RATH?

RATH is 118m², which includes two extensions, according to the EPC inspection conducted in February 2013. This puts it in the smallest 30% of detached houses in Woodmansterne, based on EPC data. The below chart shows the distribution of detached houses by size in Woodmansterne, and where RATH lies on this distribution: 24% of detached houses are smaller than RATH, and 75% of houses are larger. Note that EPC data is not available for all properties in Woodmansterne.

RATH: Plot and Title Map

RATH sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of RATH, 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 RATH). 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 RATH?

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