2, THE GALLOP, SOUTH CROYDON, CR2 7LP - £400,000

2 THE GALLOP is a small extended detached house of 115m², built sometime between 1950 and 1966. It was last sold for £400,000 in June 2012, which was around 12% below the average June 2012 detached price in the Croydon local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

2 THE GALLOP Sold Prices

Land registry data shows four sales for 2 THE GALLOP since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Croydon local authority area for the corresponding sale date. All of the four 2 THE GALLOP 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
2012 8 JUN	£400,000	£455,540	12% below HPI
2005 4 NOV	£260,000	£397,969	35% below HPI
1999 19 FEB	£163,000	£198,220	18% below HPI
1997 11 AUG	£160,000	£175,456	9% below HPI

2 THE GALLOP Price Paid vs. HPI Average

The below graph shows the average detached house price in the Croydon local authority area over time, sourced from the HPI. The four 2 THE GALLOP sales between August 1997 and June 2012 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 2005 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2012 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 THE GALLOP?

2 THE GALLOP is 115m², which includes two extensions, according to the EPC inspection conducted in April 2011. This puts it in the smallest 30% of detached houses in Croydon, based on EPC data. The below chart shows the distribution of detached houses by size in Croydon, and where 2 THE GALLOP lies on this distribution: 27% of detached houses are smaller than 2 THE GALLOP, and 73% of houses are larger. Note that EPC data is not available for all properties in Croydon.

2 THE GALLOP: Plot and Title Map

2 THE GALLOP sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 2 THE GALLOP, 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 THE GALLOP). 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 2 THE GALLOP?

2 THE GALLOP is located in SOUTH CROYDON, in the CR2 postcode district. The below map shows the position of No. 2 on THE GALLOP.