8, PYE CLOSE, CATERHAM, CR3 5FQ - £535,000

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

8 PYE CLOSE is a very small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £535,000 in August 2017, which was around 32% below the average August 2017 detached price in the Tandridge local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

8 PYE CLOSE Sold Prices

Land registry data shows three sales for 8 PYE CLOSE 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 8 PYE 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
2017 1 AUG	£535,000	£783,593	32% below HPI
2001 25 JUN	£211,000	£333,511	37% below HPI
1997 31 JUL	£134,950	£187,482	28% below HPI

8 PYE CLOSE 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 8 PYE CLOSE sales between July 1997 and August 2017 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 June 2001 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2017 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 8 PYE CLOSE?

8 PYE CLOSE is 86m² according to the EPC inspection conducted in April 2014. 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 8 PYE CLOSE lies on this distribution: 11% of detached houses are smaller than 8 PYE CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Caterham.

8 PYE CLOSE: Plot and Title Map

8 PYE CLOSE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 8 PYE 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 8 PYE 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.

Where is 8 PYE CLOSE?

8 PYE CLOSE is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 8 on PYE CLOSE.