1, FOUNDRY CLOSE, LONDON, SE16 6NS - £568,000

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 FOUNDRY CLOSE is a very small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £568,000 in July 2017, which was around 65% below the average July 2017 detached price in the Southwark local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was C.

1 FOUNDRY CLOSE Sold Prices

Land registry data shows two sales for 1 FOUNDRY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Southwark local authority area for the corresponding sale date. Both of the two 1 FOUNDRY 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
2017 6 JUL	£568,000	£1,617,160	65% below HPI
1999 8 JAN	£104,000	£325,871	68% below HPI

1 FOUNDRY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southwark local authority area over time, sourced from the HPI. The two 1 FOUNDRY CLOSE sales from January 1999 and July 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 January 1999 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the July 2017 sale, where it rises to 65% below the HPI. The line then continues to track at 65% below the HPI.

How Large is 1 FOUNDRY CLOSE?

1 FOUNDRY CLOSE is 82m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% 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 FOUNDRY CLOSE lies on this distribution: 9% of detached houses are smaller than 1 FOUNDRY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in London.

1 FOUNDRY CLOSE: Plot and Title Map

1 FOUNDRY CLOSE sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of 1 FOUNDRY 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 FOUNDRY 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.

Where is 1 FOUNDRY CLOSE?

1 FOUNDRY CLOSE is located in LONDON, in the SE16 postcode district. The below map shows the position of No. 1 on FOUNDRY CLOSE.