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

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

14 DRAKE AVENUE is a midsized extended detached house of 145m², built sometime between 1996 and 2002. It was last sold for £750,000 in August 2022, which was around 20% 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	£941,429	20% below HPI
2015 7 JUL	£380,000	£659,636	42% below HPI
2001 22 MAR	£158,500	£309,120	49% 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 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

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 in Caterham, based on EPC data. The below chart shows the distribution of detached houses by size in Caterham, and where 14 DRAKE AVENUE lies on this distribution: 50% of detached houses are smaller than 14 DRAKE AVENUE, and 49% 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.