8, THE CLARES, CATERHAM, CR3 6RW - £556,000

8 THE CLARES is a large detached house of 166m², built sometime between 1996 and 2002. It was last sold for £556,000 in December 2009, which was around 10% above the average December 2009 detached price in the Tandridge local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

8 THE CLARES Sold Prices

Land registry data shows three sales for 8 THE CLARES 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 8 THE CLARES sales were for above 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
2009 16 DEC	£556,000	£505,657	10% above HPI
2004 26 NOV	£472,000	£442,508	7% above HPI
1997 30 JUN	£280,000	£178,566	57% above HPI

8 THE CLARES 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 8 THE CLARES sales between June 1997 and December 2009 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 November 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2009 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 8 THE CLARES?

8 THE CLARES is 166m² according to the EPC inspection conducted in June 2009. 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 8 THE CLARES lies on this distribution: 67% of detached houses are smaller than 8 THE CLARES, and 33% of houses are larger. Note that EPC data is not available for all properties in Caterham.

8 THE CLARES: Plot and Title Map

8 THE CLARES sits on a plot of roughly 0.177 of an acre, or 718m². The below map shows the location of 8 THE CLARES, 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 8 THE CLARES). 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 8 THE CLARES?

8 THE CLARES is located in CATERHAM, in the CR3 postcode district. The below map shows the position of No. 8 on THE CLARES.