THE PIPPINS, HIGH ROAD, CHIPSTEAD, COULSDON, CR5 3QQ - £1,850,000

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

THE PIPPINS is a very large extended detached house of 354m², built sometime between 1930 and 1949. It was last sold for £1,850,000 in January 2023, which was around 110% above the average January 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was C.

THE PIPPINS Sold Prices

Land registry data shows three sales for THE PIPPINS 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. All of the three THE PIPPINS 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 13 JAN	£1,850,000	£881,676	110% above HPI
2009 12 NOV	£690,000	£464,688	48% above HPI
2007 1 OCT	£850,000	£508,583	67% above HPI

THE PIPPINS 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 THE PIPPINS sales between October 2007 and January 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 November 2009 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the January 2023 sale, where it rises to 110% above the HPI. The line then continues to track at 110% above the HPI.

How Large is THE PIPPINS?

THE PIPPINS is 354m², which includes four extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% 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 PIPPINS lies on this distribution: 86% of detached houses are smaller than THE PIPPINS, and 14% of houses are larger. Note that EPC data is not available for all properties in Chipstead.

THE PIPPINS: Plot and Title Map

THE PIPPINS sits on a plot of roughly 0.451 of an acre, or 1,824m². The below map shows the location of THE PIPPINS, 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 PIPPINS). 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 PIPPINS?

THE PIPPINS is located on HIGH ROAD in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of THE PIPPINS on HIGH ROAD.