39, DRAKE AVENUE, CATERHAM, CR3 5BS - £590,500

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

39 DRAKE AVENUE is a very small detached house of 89m², built sometime between 1991 and 1995. It was last sold for £590,500 in October 2022, which was around 36% below the average October 2022 detached price in the Tandridge local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

39 DRAKE AVENUE Sold Prices

Land registry data shows three sales for 39 DRAKE AVENUE 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 39 DRAKE AVENUE 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 7 OCT	£590,500	£926,906	36% below HPI
2011 30 AUG	£305,000	£532,111	43% below HPI
2000 16 NOV	£167,000	£312,078	46% below HPI

39 DRAKE AVENUE 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 39 DRAKE AVENUE sales between November 2000 and October 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 August 2011 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2022 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 39 DRAKE AVENUE?

39 DRAKE AVENUE is 89m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in Caterham, based on EPC data. The below chart shows the distribution of detached houses by size in Caterham, and where 39 DRAKE AVENUE lies on this distribution: 12% of detached houses are smaller than 39 DRAKE AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Caterham.

39 DRAKE AVENUE: Plot and Title Map

39 DRAKE AVENUE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 39 DRAKE AVENUE, 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 39 DRAKE AVENUE). 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 39 DRAKE AVENUE?

39 DRAKE AVENUE is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 39 on DRAKE AVENUE.