5, ESSENDENE CLOSE, CATERHAM, CR3 5PD - £590,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 ESSENDENE CLOSE is a small detached house of 126m², built sometime between 1950 and 1966, which could now be worth an estimated £661,950. It was last sold for £590,000 in April 2017, which was around 23% below the average April 2017 detached price in the Tandridge local authority area. The most recent EPC inspection was December 2016, where the current energy rating was F, and the potential energy rating was E.

5 ESSENDENE CLOSE Sold Prices

Land registry data shows one sale for 5 ESSENDENE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Tandridge local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 21 APR	£590,000	£763,620	23% below HPI

What might 5 ESSENDENE CLOSE be worth now?

5 ESSENDENE CLOSE might now be worth an estimated £661,950.

This is based on house price inflation of 12.2%, between April 2017 and May 2026, for detached houses, in the Tandridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.2% inflationary increase is applied to the most recent sale price for 5 ESSENDENE CLOSE of £590,000 on 21st April 2017. For the value to have increased from £590,000 to £661,950 over the eight years and eleven months to May 2026, the following assumptions must hold true:

• The value of 5 ESSENDENE CLOSE has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The April 2017 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ESSENDENE CLOSE has not materially changed since April 2017.

How Large is 5 ESSENDENE CLOSE?

5 ESSENDENE CLOSE is 126m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 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 5 ESSENDENE CLOSE lies on this distribution: 35% of detached houses are smaller than 5 ESSENDENE CLOSE, and 64% of detached houses are larger. Note that EPC data is not available for all properties in Caterham.

5 ESSENDENE CLOSE: Plot

5 ESSENDENE CLOSE sits on a plot of roughly 0.199 of an acre, or 807m².

Where is 5 ESSENDENE CLOSE?

5 ESSENDENE CLOSE is located in CATERHAM, in the CR3 postcode district.