7, PARK AVENUE, CATERHAM, CR3 6AH - £695,000

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

7 PARK AVENUE is a midsized extended detached house of 137m², built sometime between 1930 and 1949. It was last sold for £695,000 in August 2019, which was around 11% below the average August 2019 detached price in the Tandridge local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

7 PARK AVENUE Sold Prices

Land registry data shows four sales for 7 PARK AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. One of the four 7 PARK AVENUE 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
2019 5 AUG	£695,000	£782,547	11% below HPI
2001 7 AUG	£340,000	£340,478	Close to HPI
1996 10 SEP	£178,000	£170,543	4% above HPI
1995 5 JUL	£170,000	£164,569	3% above HPI

7 PARK 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 four 7 PARK AVENUE sales between July 1995 and August 2019 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 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2019 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 7 PARK AVENUE?

7 PARK AVENUE is 137m², which includes three extensions, according to the EPC inspection conducted in June 2018. This puts it in the smallest 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 7 PARK AVENUE lies on this distribution: 44% of detached houses are smaller than 7 PARK AVENUE, and 55% of houses are larger. Note that EPC data is not available for all properties in Caterham.

7 PARK AVENUE: Plot and Title Map

7 PARK AVENUE sits on a plot of roughly 0.202 of an acre, or 817m². The below map shows the location of 7 PARK 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 7 PARK 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 7 PARK AVENUE?

7 PARK AVENUE is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 7 on PARK AVENUE.