48, THE GALLOP, SOUTH CROYDON, CR2 7LP - £315,000

48 THE GALLOP is a very small extended detached house of 77m², built sometime between 1930 and 1949. It was last sold for £315,000 in April 2012, which was around 31% below the average April 2012 detached price in the Croydon local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

48 THE GALLOP Sold Prices

Land registry data shows two sales for 48 THE GALLOP since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Croydon local authority area for the corresponding sale date. Both of the two 48 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 4 APR	£315,000	£453,460	31% below HPI
2005 10 FEB	£320,000	£398,943	20% below HPI

48 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 two 48 THE GALLOP sales from February 2005 and April 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 February 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2012 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 48 THE GALLOP?

48 THE GALLOP is 77m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses in Croydon, based on EPC data. The below chart shows the distribution of detached houses by size in Croydon, and where 48 THE GALLOP lies on this distribution: 5% of detached houses are smaller than 48 THE GALLOP, and 95% of houses are larger. Note that EPC data is not available for all properties in Croydon.

48 THE GALLOP: Plot and Title Map

48 THE GALLOP sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of 48 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 48 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 48 THE GALLOP?

48 THE GALLOP is located in SOUTH CROYDON, in the CR2 postcode district. The below map shows the position of No. 48 on THE GALLOP.