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
12 MARCUSE ROAD is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £431,000 in March 2021, which was around 47% below the average March 2021 detached price in the Tandridge local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 12 MARCUSE ROAD since 1st 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. All of the four 12 MARCUSE 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 |
---|---|---|---|
2021 23 MAR | £431,000 | £820,914 | 47% below HPI |
2014 18 JUL | £321,000 | £614,358 | 48% below HPI |
2011 11 FEB | £255,000 | £537,549 | 53% below HPI |
2002 12 DEC | £237,000 | £410,183 | 42% below HPI |
The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The four 12 MARCUSE ROAD sales between December 2002 and March 2021 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 July 2014 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the March 2021 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.
12 MARCUSE ROAD is 70m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in Caterham, based on EPC data. The below chart shows the distribution of detached houses by size in Caterham, and where 12 MARCUSE ROAD lies on this distribution: 3% of detached houses are smaller than 12 MARCUSE ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Caterham.
12 MARCUSE ROAD sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 12 MARCUSE 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 12 MARCUSE 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.
12 MARCUSE ROAD is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 12 on MARCUSE ROAD.