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
2 MARCUSE ROAD is a very small extended detached house of 71m², built sometime between 1996 and 2002. It was last sold for £425,000 in July 2016, which was around 43% below the average July 2016 detached price in the Tandridge local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 2 MARCUSE ROAD since 1st 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 2 MARCUSE 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 |
---|---|---|---|
2016 29 JUL | £425,000 | £744,791 | 43% below HPI |
1998 30 JAN | £121,950 | £209,675 | 42% below HPI |
The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The two 2 MARCUSE ROAD sales from January 1998 and July 2016 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 January 1998 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2016 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.
2 MARCUSE ROAD is 71m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Caterham, based on EPC data. The below chart shows the distribution of detached houses by size in Caterham, and where 2 MARCUSE ROAD lies on this distribution: 3% of detached houses are smaller than 2 MARCUSE ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Caterham.
2 MARCUSE ROAD sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 2 MARCUSE 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 2 MARCUSE 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.
2 MARCUSE ROAD is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 2 on MARCUSE ROAD.