VINCENTS OAK, HIGH ROAD, CHIPSTEAD, COULSDON, CR5 3QR - £2,550,000

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

VINCENTS OAK is a very large extended detached house of 487m², built sometime between 1950 and 1966. It was last sold for £2,550,000 in October 2023, which was around 187% above the average October 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

VINCENTS OAK Sold Prices

Land registry data shows three sales for VINCENTS OAK 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 VINCENTS OAK 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 27 OCT	£2,550,000	£888,551	187% above HPI
2014 19 JUN	£1,625,000	£587,609	177% above HPI
2010 29 JUN	£760,000	£498,300	53% above HPI

VINCENTS OAK 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 VINCENTS OAK sales between June 2010 and October 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 June 2014 sale was for 177% above the HPI. So the extrapolation line tracks at 177% above the HPI over time, until the October 2023 sale, where it rises to 187% above the HPI. The line then continues to track at 187% above the HPI.

How Large is VINCENTS OAK?

VINCENTS OAK is 487m², which includes four extensions, according to the EPC inspection conducted in March 2023. 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 VINCENTS OAK lies on this distribution: 96% of detached houses are smaller than VINCENTS OAK, and 4% of houses are larger. Note that EPC data is not available for all properties in Chipstead.

VINCENTS OAK: Plot and Title Map

VINCENTS OAK sits on a plot of roughly 0.482 of an acre, or 1,952m². The below map shows the location of VINCENTS OAK, 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 VINCENTS OAK). 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 VINCENTS OAK?

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