1, GROTES PLACE, LONDON, SE3 0QH - £1,800,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 GROTES PLACE is a midsized semi-detached house of 157m², built sometime before 1900, which could now be worth an estimated £2,528,615. It was last sold for £1,800,000 in February 2015, which was around 244% above the average February 2015 semi-detached price in the Lewisham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

1 GROTES PLACE Sold Prices

Land registry data shows two sales for 1 GROTES PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lewisham local authority area for the corresponding sale date. Both of the two 1 GROTES PLACE sales were for above 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
2015 19 FEB	£1,800,000	£522,871	244% above HPI
1997 2 JAN	£300,000	£92,234	225% above HPI

1 GROTES PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lewisham local authority area over time, sourced from the HPI. The two 1 GROTES PLACE sales from January 1997 and February 2015 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 1997 sale was for 225% above the HPI. So the extrapolation line tracks at 225% above the HPI over time, until the February 2015 sale, where it rises to 244% above the HPI. The line then continues to track at 244% above the HPI.

What might 1 GROTES PLACE be worth now?

1 GROTES PLACE might now be worth an estimated £2,528,615.

This is based on house price inflation of 40.5%, between February 2015 and December 2024, for semi-detached houses, in the Lewisham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.5% inflationary increase is applied to the most recent sale price for 1 GROTES PLACE of £1,800,000 on 19th February 2015. For the value to have increased from £1,800,000 to £2,528,615 over the eight years and two months to December 2024, the following assumptions must hold true:

• The value of 1 GROTES PLACE has moved in line with the HPI for semi-detached houses in the Lewisham local authority area.
• The February 2015 sale price of £1,800,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GROTES PLACE has not materially changed since February 2015.

How Large is 1 GROTES PLACE?

1 GROTES PLACE is 157m² according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of semi-detached houses houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in London, and where 1 GROTES PLACE lies on this distribution: 57% of semi-detached houses houses are smaller than 1 GROTES PLACE, and 43% of houses are larger. Note that EPC data is not available for all properties in London.

1 GROTES PLACE: Plot and Title Map

1 GROTES PLACE sits on a plot of roughly 0.025 of an acre, or 101m². The below map shows the location of 1 GROTES PLACE, 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 GROTES PLACE). 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 GROTES PLACE?

1 GROTES PLACE is located in LONDON, in the SE3 postcode district. The below map shows the position of No. 1 on GROTES PLACE.