138, COMMONWEALTH ROAD, CATERHAM, CR3 6LS - £230,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

138 COMMONWEALTH ROAD is a very small extended semi-detached house of 62m², built sometime before 1900, which could now be worth an estimated £380,283. It was last sold for £230,000 in June 2012, which was around 18% below the average June 2012 semi-detached price in the Tandridge local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

138 COMMONWEALTH ROAD Sold Prices

Land registry data shows six sales for 138 COMMONWEALTH ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Tandridge local authority area for the corresponding sale date. All of the six 138 COMMONWEALTH 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
2012 15 JUN	£230,000	£279,582	18% below HPI
2006 29 SEP	£207,500	£262,805	21% below HPI
2003 18 DEC	£180,000	£223,091	19% below HPI
2001 14 DEC	£143,500	£173,101	17% below HPI
1999 27 JUL	£96,950	£125,803	23% below HPI
1995 22 SEP	£58,000	£83,613	31% below HPI

138 COMMONWEALTH ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Tandridge local authority area over time, sourced from the HPI. The six 138 COMMONWEALTH ROAD sales between September 1995 and June 2012 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 September 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2012 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 138 COMMONWEALTH ROAD be worth now?

138 COMMONWEALTH ROAD might now be worth an estimated £380,283.

This is based on house price inflation of 65.3%, between June 2012 and May 2026, for semi-detached houses, in the Tandridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.3% inflationary increase is applied to the most recent sale price for 138 COMMONWEALTH ROAD of £230,000 on 15th June 2012. For the value to have increased from £230,000 to £380,283 over the fourteen years and one month to May 2026, the following assumptions must hold true:

• The value of 138 COMMONWEALTH ROAD has moved in line with the HPI for semi-detached houses in the Tandridge local authority area.
• The June 2012 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 138 COMMONWEALTH ROAD has not materially changed since June 2012.

How Large is 138 COMMONWEALTH ROAD?

138 COMMONWEALTH ROAD is 62m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of semi-detached houses houses in Caterham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Caterham, and where 138 COMMONWEALTH ROAD lies on this distribution: 2% of semi-detached houses houses are smaller than 138 COMMONWEALTH ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Caterham.

138 COMMONWEALTH ROAD: Plot and Title Map

138 COMMONWEALTH ROAD sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 138 COMMONWEALTH 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 138 COMMONWEALTH 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.

Where is 138 COMMONWEALTH ROAD?

138 COMMONWEALTH ROAD is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 138 on COMMONWEALTH ROAD.