14, DRAKE AVENUE, CATERHAM, CR3 5AW - £750,000

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.

14 DRAKE AVENUE is a midsized extended detached house of 145m², built sometime between 1996 and 2002, which could now be worth an estimated £686,468. It was last sold for £750,000 in August 2022, which was around 22% below the average August 2022 detached price in the Tandridge local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

14 DRAKE AVENUE Sold Prices

Land registry data shows three sales for 14 DRAKE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. All of the three 14 DRAKE AVENUE 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 4 AUG	£750,000	£957,528	22% below HPI
2015 7 JUL	£380,000	£673,300	44% below HPI
2001 22 MAR	£158,500	£315,523	50% below HPI

14 DRAKE AVENUE 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 three 14 DRAKE AVENUE sales between March 2001 and August 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 July 2015 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 14 DRAKE AVENUE be worth now?

14 DRAKE AVENUE might now be worth an estimated £686,468.

This is based on house price deflation of 8.5%, between August 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 8.5% deflationary decrease is applied to the most recent sale price for 14 DRAKE AVENUE of £750,000 on 4th August 2022. For the value to have decreased from £750,000 to £686,468 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 14 DRAKE AVENUE has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The August 2022 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 14 DRAKE AVENUE has not materially changed since August 2022.

How Large is 14 DRAKE AVENUE?

14 DRAKE AVENUE is 145m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 50% 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 14 DRAKE AVENUE lies on this distribution: 50% of detached houses houses are smaller than 14 DRAKE AVENUE, and 50% of houses are larger. Note that EPC data is not available for all properties in Caterham.

14 DRAKE AVENUE: Plot and Title Map

14 DRAKE AVENUE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 14 DRAKE AVENUE, 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 14 DRAKE AVENUE). 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 14 DRAKE AVENUE?

14 DRAKE AVENUE is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 14 on DRAKE AVENUE.