WHITE LODGE, RICKMAN HILL ROAD, CHIPSTEAD, COULSDON, CR5 3LA - £870,000

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

WHITE LODGE is a small extended detached house of 196m², built sometime between 1930 and 1949. It was last sold for £870,000 in July 2014, which was around 45% above the average July 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was C.

WHITE LODGE Sold Prices

Land registry data shows two sales for WHITE LODGE 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 WHITE LODGE 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
2014 31 JUL	£870,000	£598,744	45% above HPI
1997 28 FEB	£352,000	£160,169	120% above HPI

WHITE LODGE 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 WHITE LODGE sales from February 1997 and July 2014 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 February 1997 sale was for 120% above the HPI. So the extrapolation line tracks at 120% above the HPI over time, until the July 2014 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is WHITE LODGE?

WHITE LODGE is 196m², which includes two extensions, according to the EPC inspection conducted in June 2024. This puts it in the smallest 40% of detached houses in Chipstead, based on EPC data. The below chart shows the distribution of detached houses by size in Chipstead, and where WHITE LODGE lies on this distribution: 36% of detached houses are smaller than WHITE LODGE, and 64% of houses are larger. Note that EPC data is not available for all properties in Chipstead.

WHITE LODGE: Plot and Title Map

WHITE LODGE sits on a plot of roughly 0.326 of an acre, or 1,317m². The below map shows the location of WHITE LODGE, 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 WHITE LODGE). 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 WHITE LODGE?

WHITE LODGE is located on RICKMAN HILL ROAD in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of WHITE LODGE on RICKMAN HILL ROAD.