THE GABLES, STARROCK LANE, CHIPSTEAD, COULSDON, CR5 3QD - £962,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

THE GABLES is a midsized extended detached house of 221m², built sometime between 1900 and 1929. It was last sold for £962,500 in July 2012, which was around 91% above the average July 2012 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was E.

THE GABLES Sold Prices

Land registry data shows two sales for THE GABLES 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 THE GABLES 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
2012 27 JUL	£962,500	£504,887	91% above HPI
2011 20 JUL	£1,050,000	£500,131	110% above HPI

THE GABLES 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 THE GABLES sales from July 2011 and July 2012 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 July 2011 sale was for 110% above the HPI. So the extrapolation line tracks at 110% above the HPI over time, until the July 2012 sale, where it falls to 91% above the HPI. The line then continues to track at 91% above the HPI.

How Large is THE GABLES?

THE GABLES is 221m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 50% of detached houses in Chipstead, based on EPC data. The below chart shows the distribution of detached houses by size in Chipstead, and where THE GABLES lies on this distribution: 49% of detached houses are smaller than THE GABLES, and 51% of houses are larger. Note that EPC data is not available for all properties in Chipstead.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.729 of an acre, or 2,951m². The below map shows the location of THE GABLES, 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 THE GABLES). 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 THE GABLES?

THE GABLES is located on STARROCK LANE in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of THE GABLES on STARROCK LANE.