28, SPENCER ROAD, CATERHAM, CR3 5LA - £355,000

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

28 SPENCER ROAD is a very large detached house of 247m², built sometime between 1983 and 1990. It was last sold for £355,000 in September 2003, which was around 19% below the average September 2003 detached price in the Tandridge local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was C.

28 SPENCER ROAD Sold Prices

Land registry data shows three sales for 28 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 28 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
2003 25 SEP	£355,000	£436,833	19% below HPI
1998 29 APR	£186,500	£214,655	13% below HPI
1995 6 JAN	£145,000	£160,891	10% below HPI

28 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 28 SPENCER ROAD sales between January 1995 and September 2003 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 1998 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2003 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 28 SPENCER ROAD?

28 SPENCER ROAD is 247m² according to the EPC inspection conducted in April 2019. This puts it in the largest 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 28 SPENCER ROAD lies on this distribution: 94% of detached houses are smaller than 28 SPENCER ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Caterham.

28 SPENCER ROAD: Plot and Title Map

28 SPENCER ROAD sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 28 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 28 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 28 SPENCER ROAD?

28 SPENCER ROAD is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 28 on SPENCER ROAD.