1, DREW PLACE, CATERHAM, CR3 5FE - £280,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 DREW PLACE is a very small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £280,000 in October 2005, which was around 37% below the average October 2005 detached price in the Tandridge local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

1 DREW PLACE Sold Prices

Land registry data shows two sales for 1 DREW PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. Both of the two 1 DREW PLACE sales were for below 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
2005 14 OCT	£280,000	£447,018	37% below HPI
1997 30 JUN	£137,950	£178,566	23% below HPI

1 DREW PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The two 1 DREW PLACE sales from June 1997 and October 2005 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 1997 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2005 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 1 DREW PLACE?

1 DREW PLACE is 90m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of detached houses in Caterham, based on EPC data. The below chart shows the distribution of detached houses by size in Caterham, and where 1 DREW PLACE lies on this distribution: 13% of detached houses are smaller than 1 DREW PLACE, and 87% of houses are larger. Note that EPC data is not available for all properties in Caterham.

1 DREW PLACE: Plot and Title Map

1 DREW PLACE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 1 DREW PLACE, 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 1 DREW PLACE). 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 1 DREW PLACE?

1 DREW PLACE is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 1 on DREW PLACE.