39, FAIRBOURNE LANE, CATERHAM, CR3 5AZ - £485,000

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

39 FAIRBOURNE LANE is a midsized detached house of 133m², built sometime between 2003 and 2006. It was last sold for £485,000 in November 2015, which was around 33% below the average November 2015 detached price in the Tandridge local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

39 FAIRBOURNE LANE Sold Prices

Land registry data shows two sales for 39 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 39 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
2015 6 NOV	£485,000	£719,377	33% below HPI
2004 2 FEB	£305,000	£423,823	28% below HPI

39 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 39 FAIRBOURNE LANE sales from February 2004 and November 2015 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 February 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 39 FAIRBOURNE LANE?

39 FAIRBOURNE LANE is 133m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 50% 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 FAIRBOURNE LANE lies on this distribution: 41% of detached houses are smaller than 39 FAIRBOURNE LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Caterham.

39 FAIRBOURNE LANE: Plot and Title Map

39 FAIRBOURNE LANE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 39 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 39 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 39 FAIRBOURNE LANE?

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