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 HIGHFIELD ROAD is a very small extended detached house of 97m², built sometime between 1996 and 2002. It was last sold for £570,000 in May 2021, which was around 29% below the average May 2021 detached price in the Tandridge local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 HIGHFIELD ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. All of the three 2 HIGHFIELD 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 7 MAY | £570,000 | £800,000 | 29% below HPI |
2007 13 APR | £300,000 | £499,151 | 40% below HPI |
1999 25 MAY | £105,000 | £232,049 | 55% below HPI |
The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The three 2 HIGHFIELD ROAD sales between May 1999 and May 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 April 2007 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.
2 HIGHFIELD ROAD is 97m², which includes one extension, according to the EPC inspection conducted in October 2012. 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 HIGHFIELD ROAD lies on this distribution: 16% of detached houses are smaller than 2 HIGHFIELD ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Caterham.
2 HIGHFIELD ROAD sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 2 HIGHFIELD 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 2 HIGHFIELD 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.
2 HIGHFIELD ROAD is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 2 on HIGHFIELD ROAD.