Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 CHESTNUT CLOSE is a small extended detached house of 107m², built sometime between 1991 and 1995. It was last sold for £695,000 in December 2020, which was around 22% below the average December 2020 detached price in the Lewisham local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 1 CHESTNUT CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lewisham local authority area for the corresponding sale date. Both of the two 1 CHESTNUT CLOSE 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 |
---|---|---|---|
2020 2 DEC | £695,000 | £892,872 | 22% below HPI |
1998 27 MAY | £50,400 | £156,669 | 68% below HPI |
The below graph shows the average detached house price in the Lewisham local authority area over time, sourced from the HPI. The two 1 CHESTNUT CLOSE sales from May 1998 and December 2020 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 May 1998 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the December 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.
1 CHESTNUT CLOSE is 107m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the smallest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 1 CHESTNUT CLOSE lies on this distribution: 25% of detached houses are smaller than 1 CHESTNUT CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in London.
1 CHESTNUT CLOSE sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 1 CHESTNUT CLOSE, 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 1 CHESTNUT CLOSE). 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.
1 CHESTNUT CLOSE is located in LONDON, in the SE14 postcode district. The below map shows the position of No. 1 on CHESTNUT CLOSE.