31, FAIRBOURNE LANE, CATERHAM, CR3 5AZ - £445,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

31 FAIRBOURNE LANE is a small extended detached house of 132m², built sometime between 1996 and 2002. It was last sold for £445,000 in May 2014, which was around 28% below the average May 2014 detached price in the Tandridge local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

31 FAIRBOURNE LANE Sold Prices

Land registry data shows two sales for 31 FAIRBOURNE LANE 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 31 FAIRBOURNE LANE 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
2014 22 MAY	£445,000	£617,218	28% below HPI
2001 12 SEP	£249,890	£341,781	27% below HPI

31 FAIRBOURNE LANE 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 31 FAIRBOURNE LANE sales from September 2001 and May 2014 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 September 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 31 FAIRBOURNE LANE?

31 FAIRBOURNE LANE is 132m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 40% of detached houses in Caterham, based on EPC data. The below chart shows the distribution of detached houses by size in Caterham, and where 31 FAIRBOURNE LANE lies on this distribution: 40% of detached houses are smaller than 31 FAIRBOURNE LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Caterham.

31 FAIRBOURNE LANE: Plot and Title Map

31 FAIRBOURNE LANE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 31 FAIRBOURNE LANE, 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 31 FAIRBOURNE LANE). 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 31 FAIRBOURNE LANE?

31 FAIRBOURNE LANE is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 31 on FAIRBOURNE LANE.