8, STRAW CLOSE, CATERHAM, CR3 5FL - £400,000

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

8 STRAW CLOSE is a midsized extended detached house of 151m², built sometime between 1983 and 1990. It was last sold for £400,000 in May 2008, which was around 25% below the average May 2008 detached price in the Tandridge local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

8 STRAW CLOSE Sold Prices

Land registry data shows two sales for 8 STRAW CLOSE since 1^st 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. One of the two 8 STRAW CLOSE sales was for below the average price, whilst the other was 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
2008 23 MAY	£400,000	£530,893	25% below HPI
1997 25 JUN	£192,500	£178,566	8% above HPI

8 STRAW 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 two 8 STRAW CLOSE sales from June 1997 and May 2008 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 1997 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2008 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 8 STRAW CLOSE?

8 STRAW CLOSE is 151m², which includes two extensions, according to the EPC inspection conducted in February 2021. 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 8 STRAW CLOSE lies on this distribution: 55% of detached houses are smaller than 8 STRAW CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Caterham.

8 STRAW CLOSE: Plot and Title Map

8 STRAW CLOSE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 8 STRAW 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 STRAW 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 STRAW CLOSE?

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