1, IRIS CLOSE, CROYDON, CR0 8XW - £575,000

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 IRIS CLOSE is a small extended detached house of 114m², built sometime between 1983 and 1990, which could now be worth an estimated £605,803. It was last sold for £575,000 in January 2020, which was around 29% below the average January 2020 detached price in the Croydon local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

1 IRIS CLOSE Sold Prices

Land registry data shows three sales for 1 IRIS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Croydon local authority area for the corresponding sale date. All of the three 1 IRIS 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 17 JAN	£575,000	£808,187	29% below HPI
1997 21 MAR	£135,000	£162,189	17% below HPI
1995 9 JUN	£124,000	£152,231	19% below HPI

1 IRIS CLOSE 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 three 1 IRIS CLOSE sales between June 1995 and January 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 March 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 1 IRIS CLOSE be worth now?

1 IRIS CLOSE might now be worth an estimated £605,803.

This is based on house price inflation of 5.4%, between January 2020 and December 2024, for detached houses, in the Croydon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.4% inflationary increase is applied to the most recent sale price for 1 IRIS CLOSE of £575,000 on 17th January 2020. For the value to have increased from £575,000 to £605,803 over the three years and one month to December 2024, the following assumptions must hold true:

• The value of 1 IRIS CLOSE has moved in line with the HPI for detached houses in the Croydon local authority area.
• The January 2020 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 1 IRIS CLOSE has not materially changed since January 2020.

How Large is 1 IRIS CLOSE?

1 IRIS CLOSE is 114m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the smallest 30% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 1 IRIS CLOSE lies on this distribution: 30% of detached houses houses are smaller than 1 IRIS CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in London.

1 IRIS CLOSE: Plot and Title Map

1 IRIS CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 1 IRIS 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 IRIS 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 IRIS CLOSE?

1 IRIS CLOSE is located in CROYDON, in the CR0 postcode district. The below map shows the position of No. 1 on IRIS CLOSE.