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

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 IRIS CLOSE is a small extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £575,000 in January 2020, which was around 26% 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	£775,713	26% below HPI
1997 21 MAR	£135,000	£155,672	13% below HPI
1995 9 JUN	£124,000	£146,114	15% 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

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 in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 1 IRIS CLOSE lies on this distribution: 30% of detached 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.