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

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.

1 DREW PLACE is a very small detached house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £537,822. It was last sold for £280,000 in October 2005, which was around 39% 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	£456,278	39% below HPI
1997 30 JUN	£137,950	£182,265	24% 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2005 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 1 DREW PLACE be worth now?

1 DREW PLACE might now be worth an estimated £537,822.

This is based on house price inflation of 92.1%, between October 2005 and February 2025, for detached houses, in the Tandridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 92.1% inflationary increase is applied to the most recent sale price for 1 DREW PLACE of £280,000 on 14th October 2005. For the value to have increased from £280,000 to £537,822 over the twenty years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 DREW PLACE has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The October 2005 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 1 DREW PLACE has not materially changed since October 2005.

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 houses in Caterham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caterham, and where 1 DREW PLACE lies on this distribution: 13% of detached houses 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.