12, PITT ROAD, THORNTON HEATH, CR7 7BT - £375,000

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

12 PITT ROAD is a small extended detached house of 115m², built sometime between 1930 and 1949. It was last sold for £375,000 in May 2019, which was around 50% below the average May 2019 detached price in the Croydon local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

12 PITT ROAD Sold Prices

Land registry data shows two sales for 12 PITT ROAD 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 12 PITT ROAD 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 8 MAY	£375,000	£751,509	50% below HPI
1995 11 JUL	£78,500	£146,723	46% below HPI

12 PITT ROAD 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 12 PITT ROAD sales from July 1995 and May 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 July 1995 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2019 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 12 PITT ROAD?

12 PITT ROAD is 115m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 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 12 PITT ROAD lies on this distribution: 30% of detached houses are smaller than 12 PITT ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in London.

12 PITT ROAD: Plot and Title Map

12 PITT ROAD sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 12 PITT ROAD, 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 12 PITT ROAD). 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 12 PITT ROAD?

12 PITT ROAD is located in THORNTON HEATH, in the CR7 postcode district. The below map shows the position of No. 12 on PITT ROAD.