50, DRAKE AVENUE, CATERHAM, CR3 5AW - £570,000

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

50 DRAKE AVENUE is a midsized detached house of 140m², built sometime between 1991 and 1995. It was last sold for £570,000 in March 2018, which was around 26% below the average March 2018 detached price in the Tandridge local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

50 DRAKE AVENUE Sold Prices

Land registry data shows three sales for 50 DRAKE AVENUE since 1^st 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 50 DRAKE 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
2018 29 MAR	£570,000	£767,609	26% below HPI
2011 12 DEC	£375,000	£532,067	30% below HPI
1996 8 DEC	£132,000	£170,316	22% below HPI

50 DRAKE AVENUE 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 three 50 DRAKE AVENUE sales between December 1996 and March 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 December 2011 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2018 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 50 DRAKE AVENUE?

50 DRAKE AVENUE is 140m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 50% of detached houses in Caterham, based on EPC data. The below chart shows the distribution of detached houses by size in Caterham, and where 50 DRAKE AVENUE lies on this distribution: 46% of detached houses are smaller than 50 DRAKE AVENUE, and 53% of houses are larger. Note that EPC data is not available for all properties in Caterham.

50 DRAKE AVENUE: Plot and Title Map

50 DRAKE AVENUE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 50 DRAKE 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 50 DRAKE 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.

Where is 50 DRAKE AVENUE?

50 DRAKE AVENUE is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 50 on DRAKE AVENUE.