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
56 MILNER ROAD is a very small detached house of 98m², built sometime between 1991 and 1995. It was last sold for £285,000 in November 2013, which was around 49% below the average November 2013 detached price in the Tandridge local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 56 MILNER ROAD 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 56 MILNER ROAD 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 |
---|---|---|---|
2013 1 NOV | £285,000 | £561,360 | 49% below HPI |
1999 7 MAY | £152,643 | £232,049 | 34% 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 56 MILNER ROAD sales from May 1999 and November 2013 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 May 1999 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2013 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.
56 MILNER ROAD is 98m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% of detached houses in Caterham, based on EPC data. The below chart shows the distribution of detached houses by size in Caterham, and where 56 MILNER ROAD lies on this distribution: 16% of detached houses are smaller than 56 MILNER ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Caterham.
56 MILNER ROAD sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 56 MILNER ROAD, 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 56 MILNER ROAD). 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.
56 MILNER ROAD is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 56 on MILNER ROAD.