45, DRAKE AVENUE, CATERHAM, CR3 5BS - £685,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

45 DRAKE AVENUE is a small extended detached house of 103m², built sometime between 1991 and 1995. It was last sold for £685,000 in January 2022, which was around 23% below the average January 2022 detached price in the Tandridge local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

45 DRAKE AVENUE Sold Prices

Land registry data shows three sales for 45 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 45 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 JAN	£685,000	£894,871	23% below HPI
2016 29 JUL	£445,000	£744,791	40% below HPI
2007 24 JAN	£282,000	£489,002	42% below HPI

45 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 45 DRAKE AVENUE sales between January 2007 and January 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 July 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 45 DRAKE AVENUE?

45 DRAKE AVENUE is 103m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% of detached houses in Caterham, based on EPC data. The below chart shows the distribution of detached houses by size in Caterham, and where 45 DRAKE AVENUE lies on this distribution: 20% of detached houses are smaller than 45 DRAKE AVENUE, and 80% of houses are larger. Note that EPC data is not available for all properties in Caterham.

45 DRAKE AVENUE: Plot and Title Map

45 DRAKE AVENUE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 45 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 45 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 45 DRAKE AVENUE?

45 DRAKE AVENUE is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 45 on DRAKE AVENUE.