WEST RIDGE, WALPOLE AVENUE, CHIPSTEAD, COULSDON, CR5 3PR - £1,900,000

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

WEST RIDGE is a very large extended detached house of 440m², built sometime between 1900 and 1929. It was last sold for £1,900,000 in March 2021, which was around 144% above the average March 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2019, where the current energy rating was G, and the potential energy rating was E.

WEST RIDGE Sold Prices

Land registry data shows two sales for WEST RIDGE 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 WEST RIDGE 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
2021 31 MAR	£1,900,000	£779,064	144% above HPI
2019 8 NOV	£2,005,000	£757,331	165% above HPI

WEST RIDGE 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 WEST RIDGE sales from November 2019 and March 2021 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 2019 sale was for 165% above the HPI. So the extrapolation line tracks at 165% above the HPI over time, until the March 2021 sale, where it falls to 144% above the HPI. The line then continues to track at 144% above the HPI.

How Large is WEST RIDGE?

WEST RIDGE is 440m², which includes two extensions, according to the EPC inspection conducted in March 2019. 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 WEST RIDGE lies on this distribution: 94% of detached houses are smaller than WEST RIDGE, and 6% of houses are larger. Note that EPC data is not available for all properties in Chipstead.

WEST RIDGE: Plot and Title Map

WEST RIDGE sits on a plot of roughly 2.3 acres, or 9,301m². The below map shows the location of WEST RIDGE, 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 WEST RIDGE). 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 WEST RIDGE?

WEST RIDGE is located on WALPOLE AVENUE in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of WEST RIDGE on WALPOLE AVENUE.