1, LOVELL PLACE, LONDON, SE16 6QQ - £302,000

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 LOVELL PLACE is a large detached house of 196m², built in 2023. It was last sold for £302,000 in February 2005, which was around 51% below the average February 2005 detached price in the Southwark local authority area. The most recent EPC inspection was January 2024, where the current energy rating was B, and the potential energy rating was B.

1 LOVELL PLACE Sold Prices

Land registry data shows two sales for 1 LOVELL PLACE 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 LOVELL PLACE 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
2005 25 FEB	£302,000	£620,384	51% below HPI
2001 1 JUN	£248,000	£545,486	55% below HPI

1 LOVELL PLACE 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 LOVELL PLACE sales from June 2001 and February 2005 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 June 2001 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the February 2005 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 1 LOVELL PLACE?

1 LOVELL PLACE is 196m² according to the EPC inspection conducted in January 2024. This puts it in the largest 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 LOVELL PLACE lies on this distribution: 73% of detached houses are smaller than 1 LOVELL PLACE, and 26% of houses are larger. Note that EPC data is not available for all properties in London.

1 LOVELL PLACE: Plot and Title Map

1 LOVELL PLACE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 1 LOVELL 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 LOVELL 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 LOVELL PLACE?

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