2, ESSENDENE CLOSE, CATERHAM, CR3 5PD - £595,000

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

2 ESSENDENE CLOSE is a very small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £595,000 in February 2018, which was around 23% below the average February 2018 detached price in the Tandridge local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was C.

2 ESSENDENE CLOSE Sold Prices

Land registry data shows two sales for 2 ESSENDENE 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. Both of the two 2 ESSENDENE 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
2018 27 FEB	£595,000	£773,015	23% below HPI
1999 3 SEP	£189,000	£266,017	29% below HPI

2 ESSENDENE 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 2 ESSENDENE CLOSE sales from September 1999 and February 2018 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 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2018 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 ESSENDENE CLOSE?

2 ESSENDENE CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in July 2017. 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 2 ESSENDENE CLOSE lies on this distribution: 14% of detached houses are smaller than 2 ESSENDENE CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Caterham.

2 ESSENDENE CLOSE: Plot and Title Map

2 ESSENDENE CLOSE sits on a plot of roughly 0.201 of an acre, or 813m². The below map shows the location of 2 ESSENDENE 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 2 ESSENDENE 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 2 ESSENDENE CLOSE?

2 ESSENDENE CLOSE is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 2 on ESSENDENE CLOSE.