24, SPENCER ROAD, CATERHAM, CR3 5LA - £480,000

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.

24 SPENCER ROAD is a very small detached house of 61m², built sometime between 1950 and 1966, which could now be worth an estimated £464,091. It was last sold for £480,000 in December 2024, which was around 47% below the average December 2024 detached price in the Tandridge local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

24 SPENCER ROAD Sold Prices

Land registry data shows three sales for 24 SPENCER ROAD 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 24 SPENCER 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
2024 6 DEC	£480,000	£906,460	47% below HPI
2009 5 JUN	£217,500	£472,162	54% below HPI
2002 30 JUL	£180,000	£392,829	54% below HPI

24 SPENCER 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 three 24 SPENCER ROAD sales between July 2002 and December 2024 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 2009 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the December 2024 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 24 SPENCER ROAD be worth now?

24 SPENCER ROAD might now be worth an estimated £464,091.

This is based on house price deflation of 3.3%, between December 2024 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 3.3% deflationary decrease is applied to the most recent sale price for 24 SPENCER ROAD of £480,000 on 6th December 2024. For the value to have decreased from £480,000 to £464,091 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of 24 SPENCER ROAD has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The December 2024 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SPENCER ROAD has not materially changed since December 2024.

How Large is 24 SPENCER ROAD?

24 SPENCER ROAD is 61m² according to the EPC inspection conducted in January 2024. 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 24 SPENCER ROAD lies on this distribution: 2% of detached houses houses are smaller than 24 SPENCER ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Caterham.

24 SPENCER ROAD: Plot and Title Map

24 SPENCER ROAD sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 24 SPENCER 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 24 SPENCER 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 24 SPENCER ROAD?

24 SPENCER ROAD is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 24 on SPENCER ROAD.