11, BALFONT CLOSE, SOUTH CROYDON, CR2 9LL - £505,000

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

11 BALFONT CLOSE is a very small extended detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £532,466. It was last sold for £505,000 in July 2020, which was around 38% below the average July 2020 detached price in the Croydon local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

11 BALFONT CLOSE Sold Prices

Land registry data shows two sales for 11 BALFONT 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. Both of the two 11 BALFONT 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 15 JUL	£505,000	£815,874	38% below HPI
1996 19 JAN	£123,000	£151,585	19% below HPI

11 BALFONT 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 11 BALFONT CLOSE sales from January 1996 and July 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 January 1996 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2020 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 11 BALFONT CLOSE be worth now?

11 BALFONT CLOSE might now be worth an estimated £532,466.

This is based on house price inflation of 5.4%, between July 2020 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 5.4% inflationary increase is applied to the most recent sale price for 11 BALFONT CLOSE of £505,000 on 15th July 2020. For the value to have increased from £505,000 to £532,466 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 11 BALFONT CLOSE has moved in line with the HPI for detached houses in the Croydon local authority area.
• The July 2020 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of 11 BALFONT CLOSE has not materially changed since July 2020.

How Large is 11 BALFONT CLOSE?

11 BALFONT CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% 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 11 BALFONT CLOSE lies on this distribution: 9% of detached houses houses are smaller than 11 BALFONT CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in London.

11 BALFONT CLOSE: Plot and Title Map

11 BALFONT CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 11 BALFONT 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 11 BALFONT 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 11 BALFONT CLOSE?

11 BALFONT CLOSE is located in SOUTH CROYDON, in the CR2 postcode district. The below map shows the position of No. 11 on BALFONT CLOSE.