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 ECO VALE is a very small detached house of 85m². It was last sold for £640,000 in August 2017, which was around 20% below the average August 2017 detached price in the Lewisham local authority area. The most recent EPC inspection was June 2015, where the current energy rating was A, and the potential energy rating was A.
Land registry data shows two sales for 1 ECO VALE 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 ECO VALE 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 |
---|---|---|---|
2017 1 AUG | £640,000 | £804,860 | 20% below HPI |
2015 21 AUG | £599,950 | £706,402 | 15% 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 ECO VALE sales from August 2015 and August 2017 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 August 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
1 ECO VALE is 85m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% 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 ECO VALE lies on this distribution: 10% of detached houses are smaller than 1 ECO VALE, and 89% of houses are larger. Note that EPC data is not available for all properties in London.
1 ECO VALE sits on a plot of roughly 0.014 of an acre, or 58m². The below map shows the location of 1 ECO VALE, 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 ECO VALE). 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 ECO VALE is located in LONDON, in the SE23 postcode district. The below map shows the position of No. 1 on ECO VALE.