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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE PLAIN HOUSE is a very large detached house of 488m², which could now be worth an estimated £3,138,220. It was last sold for £2,340,000 in April 2015, which was around 245% 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	£677,988	245% above HPI
2012 9 NOV	£730,000	£554,265	32% 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 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the April 2015 sale, where it rises to 245% above the HPI. The line then continues to track at 245% above the HPI.

What might THE PLAIN HOUSE be worth now?

THE PLAIN HOUSE might now be worth an estimated £3,138,220.

This is based on house price inflation of 34.1%, between April 2015 and March 2025, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.1% inflationary increase is applied to the most recent sale price for THE PLAIN HOUSE of £2,340,000 on 14th April 2015. For the value to have increased from £2,340,000 to £3,138,220 over the ten years and one month to March 2025, the following assumptions must hold true:

• The value of THE PLAIN HOUSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The April 2015 sale price of £2,340,000 represented a fair market value for the property.
• The size, condition, and specification of THE PLAIN HOUSE has not materially changed since April 2015.

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 houses in Chipstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chipstead, and where THE PLAIN HOUSE lies on this distribution: 97% of detached houses 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.