Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
5 STRATHMORE CLOSE is a midsized extended detached house of 155m², built sometime between 1976 and 1982. It was last sold for £700,000 in January 2018, which was around 11% below the average January 2018 detached price in the Tandridge local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 5 STRATHMORE CLOSE since 1st 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. One of the three 5 STRATHMORE CLOSE sales was for below the average price, whilst two 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 |
---|---|---|---|
2018 4 JAN | £700,000 | £786,706 | 11% below HPI |
2004 14 JUL | £500,000 | £446,283 | 12% above HPI |
1998 12 JUN | £266,000 | £223,660 | 19% above HPI |
The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The three 5 STRATHMORE CLOSE sales between June 1998 and January 2018 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 2004 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2018 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
5 STRATHMORE CLOSE is 155m², which includes two extensions, according to the EPC inspection conducted in August 2017. This puts it in the largest 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 5 STRATHMORE CLOSE lies on this distribution: 58% of detached houses are smaller than 5 STRATHMORE CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Caterham.
5 STRATHMORE CLOSE sits on a plot of roughly 0.127 of an acre, or 516m². The below map shows the location of 5 STRATHMORE 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 STRATHMORE 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 STRATHMORE CLOSE is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 5 on STRATHMORE CLOSE.