40, MARKVILLE GARDENS, CATERHAM, CR3 6RJ - £520,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

40 MARKVILLE GARDENS is a midsized extended semi-detached house of 146m², built sometime between 1900 and 1929, which could now be worth an estimated £624,732. It was last sold for £520,000 in November 2016, which was around 28% above the average November 2016 semi-detached price in the Tandridge local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

40 MARKVILLE GARDENS Sold Prices

Land registry data shows four sales for 40 MARKVILLE GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Tandridge local authority area for the corresponding sale date. All of the four 40 MARKVILLE GARDENS 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
2016 18 NOV	£520,000	£407,773	28% above HPI
2014 3 FEB	£415,000	£314,115	32% above HPI
2003 28 APR	£249,995	£205,272	22% above HPI
1997 13 JUN	£104,950	£91,358	15% above HPI

40 MARKVILLE GARDENS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Tandridge local authority area over time, sourced from the HPI. The four 40 MARKVILLE GARDENS sales between June 1997 and November 2016 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 2014 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the November 2016 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 40 MARKVILLE GARDENS be worth now?

40 MARKVILLE GARDENS might now be worth an estimated £624,732.

This is based on house price inflation of 20.1%, between November 2016 and December 2024, for semi-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 20.1% inflationary increase is applied to the most recent sale price for 40 MARKVILLE GARDENS of £520,000 on 18th November 2016. For the value to have increased from £520,000 to £624,732 over the seven years and eleven months to December 2024, the following assumptions must hold true:

• The value of 40 MARKVILLE GARDENS has moved in line with the HPI for semi-detached houses in the Tandridge local authority area.
• The November 2016 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 40 MARKVILLE GARDENS has not materially changed since November 2016.

How Large is 40 MARKVILLE GARDENS?

40 MARKVILLE GARDENS is 146m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 50% of semi-detached houses houses in Caterham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Caterham, and where 40 MARKVILLE GARDENS lies on this distribution: 51% of semi-detached houses houses are smaller than 40 MARKVILLE GARDENS, and 48% of houses are larger. Note that EPC data is not available for all properties in Caterham.

40 MARKVILLE GARDENS: Plot and Title Map

40 MARKVILLE GARDENS sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 40 MARKVILLE GARDENS, 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 40 MARKVILLE GARDENS). 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 40 MARKVILLE GARDENS?

40 MARKVILLE GARDENS is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 40 on MARKVILLE GARDENS.