1, THE CLOSE, LONDON, SE3 0UR - £645,000

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 THE CLOSE is a large extended detached house of 172m², built sometime before 1900. It was last sold for £645,000 in September 1998, which was around 292% above the average September 1998 detached price in the Lewisham local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.

1 THE CLOSE Sold Prices

Land registry data shows two sales for 1 THE 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 Lewisham local authority area for the corresponding sale date. Both of the two 1 THE CLOSE 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
1998 7 SEP	£645,000	£164,384	292% above HPI
1995 12 OCT	£267,500	£120,773	121% above HPI

1 THE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lewisham local authority area over time, sourced from the HPI. The two 1 THE CLOSE sales from October 1995 and September 1998 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 October 1995 sale was for 121% above the HPI. So the extrapolation line tracks at 121% above the HPI over time, until the September 1998 sale, where it rises to 292% above the HPI. The line then continues to track at 292% above the HPI.

How Large is 1 THE CLOSE?

1 THE CLOSE is 172m², which includes two extensions, according to the EPC inspection conducted in July 2009. This puts it in the largest 40% 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 THE CLOSE lies on this distribution: 64% of detached houses are smaller than 1 THE CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in London.

1 THE CLOSE: Plot and Title Map

1 THE CLOSE sits on a plot of roughly 0.161 of an acre, or 653m². The below map shows the location of 1 THE 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 THE 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 THE CLOSE?

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