1, WETTERN CLOSE, SOUTH CROYDON, CR2 0NT - £500,000

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 WETTERN CLOSE is a large extended detached house of 192m², built sometime between 1950 and 1966, which could now be worth an estimated £514,847. It was last sold for £500,000 in June 2024, which was around 40% below the average June 2024 detached price in the Croydon local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was C.

1 WETTERN CLOSE Sold Prices

Land registry data shows two sales for 1 WETTERN 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 Croydon local authority area for the corresponding sale date. One of the two 1 WETTERN CLOSE sales was for below the average price, whilst the other was 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
2024 28 JUN	£500,000	£835,441	40% below HPI
2003 28 FEB	£408,000	£390,324	5% above HPI

1 WETTERN 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 two 1 WETTERN CLOSE sales from February 2003 and June 2024 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 February 2003 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2024 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 1 WETTERN CLOSE be worth now?

1 WETTERN CLOSE might now be worth an estimated £514,847.

This is based on house price inflation of 3%, between June 2024 and February 2025, 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 3% inflationary increase is applied to the most recent sale price for 1 WETTERN CLOSE of £500,000 on 28th June 2024. For the value to have increased from £500,000 to £514,847 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 1 WETTERN CLOSE has moved in line with the HPI for detached houses in the Croydon local authority area.
• The June 2024 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WETTERN CLOSE has not materially changed since June 2024.

How Large is 1 WETTERN CLOSE?

1 WETTERN CLOSE is 192m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the largest 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 WETTERN CLOSE lies on this distribution: 72% of detached houses houses are smaller than 1 WETTERN CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in London.

1 WETTERN CLOSE: Plot and Title Map

1 WETTERN CLOSE sits on a plot of roughly 0.169 of an acre, or 682m². The below map shows the location of 1 WETTERN 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 WETTERN 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 WETTERN CLOSE?

1 WETTERN CLOSE is located in SOUTH CROYDON, in the CR2 postcode district. The below map shows the position of No. 1 on WETTERN CLOSE.