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
2A REID AVENUE is a large extended detached house of 162m², built sometime between 1983 and 1990. It was last sold for £785,000 in September 2021, which was around 11% below the average September 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 C.
Land registry data shows four sales for 2A REID AVENUE 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 2A REID AVENUE 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 30 SEP | £785,000 | £877,475 | 11% below HPI |
2013 15 FEB | £460,000 | £532,095 | 14% below HPI |
2007 31 MAY | £430,000 | £490,953 | 12% below HPI |
2001 20 FEB | £250,000 | £318,395 | 21% 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 2A REID AVENUE sales between February 2001 and September 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 February 2013 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.
2A REID AVENUE is 162m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 40% of detached houses in Caterham, based on EPC data. The below chart shows the distribution of detached houses by size in Caterham, and where 2A REID AVENUE lies on this distribution: 63% of detached houses are smaller than 2A REID AVENUE, and 37% of houses are larger. Note that EPC data is not available for all properties in Caterham.
2A REID AVENUE sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of 2A REID AVENUE, 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 2A REID AVENUE). 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.
2A REID AVENUE is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 2A on REID AVENUE.