THE PLAIN HOUSE, WALPOLE AVENUE, CHIPSTEAD, COULSDON, CR5 3PP - £2,340,000

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

THE PLAIN HOUSE is a very large detached house of 488m². It was last sold for £2,340,000 in April 2015, which was around 262% above the average April 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2015, where the current energy rating was B, and the potential energy rating was B.

THE PLAIN HOUSE Sold Prices

Land registry data shows two sales for THE PLAIN HOUSE 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 PLAIN HOUSE 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
2015 14 APR	£2,340,000	£646,402	262% above HPI
2012 9 NOV	£730,000	£528,443	38% above HPI

THE PLAIN HOUSE 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 PLAIN HOUSE sales from November 2012 and April 2015 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 2012 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the April 2015 sale, where it rises to 262% above the HPI. The line then continues to track at 262% above the HPI.

How Large is THE PLAIN HOUSE?

THE PLAIN HOUSE is 488m² according to the EPC inspection conducted in January 2015. This puts it in the largest 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 THE PLAIN HOUSE lies on this distribution: 97% of detached houses are smaller than THE PLAIN HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Chipstead.

THE PLAIN HOUSE: Plot and Title Map

THE PLAIN HOUSE sits on a plot of roughly 0.453 of an acre, or 1,834m². The below map shows the location of THE PLAIN HOUSE, 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 PLAIN HOUSE). 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 PLAIN HOUSE?

THE PLAIN HOUSE is located on WALPOLE AVENUE in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of THE PLAIN HOUSE on WALPOLE AVENUE.