114, ADDISON ROAD, CATERHAM, CR3 5LY - £417,500

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.

114 ADDISON ROAD is a very small extended detached house of 61m², built sometime between 1930 and 1949, which could now be worth an estimated £390,876. It was last sold for £417,500 in May 2022, which was around 55% below the average May 2022 detached price in the Tandridge local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

114 ADDISON ROAD Sold Prices

Land registry data shows two sales for 114 ADDISON ROAD 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 114 ADDISON ROAD 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
2022 11 MAY	£417,500	£936,111	55% below HPI
1999 24 JUN	£113,000	£245,088	54% below HPI

114 ADDISON ROAD 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 114 ADDISON ROAD sales from June 1999 and May 2022 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 1999 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the May 2022 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might 114 ADDISON ROAD be worth now?

114 ADDISON ROAD might now be worth an estimated £390,876.

This is based on house price deflation of 6.4%, between May 2022 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 6.4% deflationary decrease is applied to the most recent sale price for 114 ADDISON ROAD of £417,500 on 11th May 2022. For the value to have decreased from £417,500 to £390,876 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 114 ADDISON ROAD has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The May 2022 sale price of £417,500 represented a fair market value for the property.
• The size, condition, and specification of 114 ADDISON ROAD has not materially changed since May 2022.

How Large is 114 ADDISON ROAD?

114 ADDISON ROAD is 61m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% 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 114 ADDISON ROAD lies on this distribution: 2% of detached houses houses are smaller than 114 ADDISON ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Caterham.

114 ADDISON ROAD: Plot and Title Map

114 ADDISON ROAD sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 114 ADDISON ROAD, 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 114 ADDISON ROAD). 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 114 ADDISON ROAD?

114 ADDISON ROAD is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 114 on ADDISON ROAD.