50, DRAKE AVENUE, CATERHAM, CR3 5AW - £570,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

50 DRAKE AVENUE is a midsized detached house of 140m², built sometime between 1991 and 1995, which could now be worth an estimated £637,589. It was last sold for £570,000 in March 2018, which was around 27% below the average March 2018 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.

50 DRAKE AVENUE Sold Prices

Land registry data shows three sales for 50 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 50 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
2018 29 MAR	£570,000	£783,510	27% below HPI
2011 12 DEC	£375,000	£543,089	31% below HPI
1996 8 DEC	£132,000	£173,844	24% below HPI

50 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 50 DRAKE AVENUE sales between December 1996 and March 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 December 2011 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2018 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 50 DRAKE AVENUE be worth now?

50 DRAKE AVENUE might now be worth an estimated £637,589.

This is based on house price inflation of 11.9%, between March 2018 and February 2025, for 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 11.9% inflationary increase is applied to the most recent sale price for 50 DRAKE AVENUE of £570,000 on 29th March 2018. For the value to have increased from £570,000 to £637,589 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 50 DRAKE AVENUE has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The March 2018 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 50 DRAKE AVENUE has not materially changed since March 2018.

How Large is 50 DRAKE AVENUE?

50 DRAKE AVENUE is 140m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 50% of detached houses houses in Caterham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caterham, and where 50 DRAKE AVENUE lies on this distribution: 45% of detached houses houses are smaller than 50 DRAKE AVENUE, and 53% of houses are larger. Note that EPC data is not available for all properties in Caterham.

50 DRAKE AVENUE: Plot and Title Map

50 DRAKE AVENUE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 50 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 50 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 50 DRAKE AVENUE?

50 DRAKE AVENUE is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 50 on DRAKE AVENUE.