SUMMERVILLE, HOW LANE, CHIPSTEAD, COULSDON, CR5 3LL - £930,000

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

SUMMERVILLE is a small detached house of 194m². It was last sold for £930,000 in November 2019, which was around 23% above the average November 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was B.

SUMMERVILLE Sold Prices

Land registry data shows two sales for SUMMERVILLE 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 SUMMERVILLE 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
2019 29 NOV	£930,000	£757,331	23% above HPI
2013 17 OCT	£610,000	£549,507	11% above HPI

SUMMERVILLE 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 SUMMERVILLE sales from October 2013 and November 2019 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 2013 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2019 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is SUMMERVILLE?

SUMMERVILLE is 194m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 40% of detached houses in Chipstead, based on EPC data. The below chart shows the distribution of detached houses by size in Chipstead, and where SUMMERVILLE lies on this distribution: 35% of detached houses are smaller than SUMMERVILLE, and 65% of houses are larger. Note that EPC data is not available for all properties in Chipstead.

SUMMERVILLE: Plot and Title Map

SUMMERVILLE sits on a plot of roughly 0.263 of an acre, or 1,066m². The below map shows the location of SUMMERVILLE, 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 SUMMERVILLE). 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 SUMMERVILLE?

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