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 WILLIAM ROAD is a very small detached house of 84m², built sometime between 1976 and 1982. It was last sold for £485,000 in February 2022, which was around 47% below the average February 2022 detached price in the Tandridge local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 2 WILLIAM ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. All of the four 2 WILLIAM 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 18 FEB | £485,000 | £909,090 | 47% below HPI |
2018 12 APR | £393,000 | £772,642 | 49% below HPI |
2015 5 OCT | £375,000 | £700,102 | 46% below HPI |
2000 8 FEB | £139,500 | £284,537 | 51% below HPI |
The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The four 2 WILLIAM ROAD sales between February 2000 and February 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 April 2018 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the February 2022 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.
2 WILLIAM ROAD is 84m² according to the EPC inspection conducted in September 2021. 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 WILLIAM ROAD lies on this distribution: 9% of detached houses are smaller than 2 WILLIAM ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Caterham.
2 WILLIAM ROAD sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 2 WILLIAM 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 WILLIAM 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 WILLIAM ROAD is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 2 on WILLIAM ROAD.