RUMBOLDS CASTLE COTTAGE, OUTWOOD LANE, CHIPSTEAD, COULSDON, CR5 3NP - £835,000

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

RUMBOLDS CASTLE COTTAGE is a very small extended detached house of 113m², built sometime before 1900. It was last sold for £835,000 in February 2024, which was around 2% below the average February 2024 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was B.

RUMBOLDS CASTLE COTTAGE Sold Prices

Land registry data shows three sales for RUMBOLDS CASTLE COTTAGE 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. Two of the three RUMBOLDS CASTLE COTTAGE sales were for below the average price, whilst one was 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 15 FEB	£835,000	£856,241	2% below HPI
2006 1 DEC	£484,950	£443,051	9% above HPI
1998 2 NOV	£170,000	£212,641	20% below HPI

RUMBOLDS CASTLE 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 three RUMBOLDS CASTLE COTTAGE sales between November 1998 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 December 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the February 2024 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is RUMBOLDS CASTLE COTTAGE?

RUMBOLDS CASTLE COTTAGE is 113m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of detached houses in Chipstead, based on EPC data. The below chart shows the distribution of detached houses by size in Chipstead, and where RUMBOLDS CASTLE COTTAGE lies on this distribution: 3% of detached houses are smaller than RUMBOLDS CASTLE COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Chipstead.

RUMBOLDS CASTLE COTTAGE: Plot and Title Map

RUMBOLDS CASTLE COTTAGE sits on a plot of roughly 0.501 of an acre, or 2,027m². The below map shows the location of RUMBOLDS CASTLE 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 RUMBOLDS CASTLE 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 RUMBOLDS CASTLE COTTAGE?

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