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
124 FARNINGHAM ROAD is a very small extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £415,000 in October 2020, which was around 49% below the average October 2020 detached price in the Tandridge local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 124 FARNINGHAM 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 124 FARNINGHAM 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 |
---|---|---|---|
2020 23 OCT | £415,000 | £813,955 | 49% below HPI |
1996 7 JUN | £109,950 | £164,333 | 33% 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 124 FARNINGHAM ROAD sales from June 1996 and October 2020 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 1996 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2020 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.
124 FARNINGHAM ROAD is 100m², which includes two extensions, according to the EPC inspection conducted in August 2019. 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 124 FARNINGHAM ROAD lies on this distribution: 18% of detached houses are smaller than 124 FARNINGHAM ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Caterham.
124 FARNINGHAM ROAD sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 124 FARNINGHAM 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 124 FARNINGHAM 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.
124 FARNINGHAM ROAD is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 124 on FARNINGHAM ROAD.