11, HOLMDENE AVENUE, LONDON, SE24 9LB - £1,500,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 HOLMDENE AVENUE is a large extended detached house of 167m², built sometime between 1950 and 1966, which could now be worth an estimated £1,597,206. It was last sold for £1,500,000 in August 2019, which was around 5% below the average August 2019 detached price in the Southwark local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

11 HOLMDENE AVENUE Sold Prices

Land registry data shows two sales for 11 HOLMDENE AVENUE 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 11 HOLMDENE AVENUE 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
2019 5 AUG	£1,500,000	£1,571,360	5% below HPI
2011 22 NOV	£550,000	£969,406	43% below HPI

11 HOLMDENE AVENUE 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 11 HOLMDENE AVENUE sales from November 2011 and August 2019 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 November 2011 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 11 HOLMDENE AVENUE be worth now?

11 HOLMDENE AVENUE might now be worth an estimated £1,597,206.

This is based on house price inflation of 6.5%, between August 2019 and February 2025, for detached houses, in the Southwark local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.5% inflationary increase is applied to the most recent sale price for 11 HOLMDENE AVENUE of £1,500,000 on 5th August 2019. For the value to have increased from £1,500,000 to £1,597,206 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 11 HOLMDENE AVENUE has moved in line with the HPI for detached houses in the Southwark local authority area.
• The August 2019 sale price of £1,500,000 represented a fair market value for the property.
• The size, condition, and specification of 11 HOLMDENE AVENUE has not materially changed since August 2019.

How Large is 11 HOLMDENE AVENUE?

11 HOLMDENE AVENUE is 167m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 40% 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 HOLMDENE AVENUE lies on this distribution: 62% of detached houses houses are smaller than 11 HOLMDENE AVENUE, and 38% of houses are larger. Note that EPC data is not available for all properties in London.

11 HOLMDENE AVENUE: Plot and Title Map

11 HOLMDENE AVENUE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 11 HOLMDENE AVENUE, 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 HOLMDENE AVENUE). 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 HOLMDENE AVENUE?

11 HOLMDENE AVENUE is located in LONDON, in the SE24 postcode district. The below map shows the position of No. 11 on HOLMDENE AVENUE.