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
5 CORNWALLIS CLOSE is a small detached house of 125m², built sometime between 1991 and 1995. It was last sold for £748,500 in February 2022, which was around 18% below the average February 2022 detached price in the Tandridge local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 5 CORNWALLIS CLOSE since 1st 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 5 CORNWALLIS CLOSE 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 24 FEB | £748,500 | £909,090 | 18% below HPI |
2017 4 AUG | £630,000 | £783,593 | 20% below HPI |
The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The two 5 CORNWALLIS CLOSE sales from August 2017 and February 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 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
5 CORNWALLIS CLOSE is 125m² according to the EPC inspection conducted in June 2017. 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 5 CORNWALLIS CLOSE lies on this distribution: 34% of detached houses are smaller than 5 CORNWALLIS CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Caterham.
5 CORNWALLIS CLOSE sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 5 CORNWALLIS CLOSE, 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 5 CORNWALLIS CLOSE). 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.
5 CORNWALLIS CLOSE is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 5 on CORNWALLIS CLOSE.