3, THE CLARES, CATERHAM, CR3 6RW - £935,000

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.

3 THE CLARES is a midsized detached house of 153m², built sometime between 1996 and 2002, which could now be worth an estimated £983,377. It was last sold for £935,000 in November 2020, which was around 12% above the average November 2020 detached price in the Tandridge local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

3 THE CLARES Sold Prices

Land registry data shows two sales for 3 THE CLARES since 1^st 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 3 THE CLARES sales were for above 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
2020 17 NOV	£935,000	£833,301	12% above HPI
1997 29 AUG	£290,000	£195,520	48% above HPI

3 THE CLARES 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 two 3 THE CLARES sales from August 1997 and November 2020 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 August 1997 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the November 2020 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 3 THE CLARES be worth now?

3 THE CLARES might now be worth an estimated £983,377.

This is based on house price inflation of 5.2%, between November 2020 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 5.2% inflationary increase is applied to the most recent sale price for 3 THE CLARES of £935,000 on 17th November 2020. For the value to have increased from £935,000 to £983,377 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 THE CLARES has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The November 2020 sale price of £935,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE CLARES has not materially changed since November 2020.

How Large is 3 THE CLARES?

3 THE CLARES is 153m² according to the EPC inspection conducted in May 2014. This puts it in the largest 50% 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 3 THE CLARES lies on this distribution: 56% of detached houses houses are smaller than 3 THE CLARES, and 43% of houses are larger. Note that EPC data is not available for all properties in Caterham.

3 THE CLARES: Plot and Title Map

3 THE CLARES sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 3 THE CLARES, 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 3 THE CLARES). 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 3 THE CLARES?

3 THE CLARES is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 3 on THE CLARES.