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 VILLAGE WAY is a very large detached house of 337m², built sometime between 1950 and 1966. It was last sold for £2,750,000 in June 2018, which was around 74% above the average June 2018 detached price in the Southwark local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 12 VILLAGE WAY since 1st 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 12 VILLAGE WAY 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 |
---|---|---|---|
2018 26 JUN | £2,750,000 | £1,582,097 | 74% above HPI |
2005 27 OCT | £870,000 | £655,511 | 33% above HPI |
The below graph shows the average detached house price in the Southwark local authority area over time, sourced from the HPI. The two 12 VILLAGE WAY sales from October 2005 and June 2018 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 2005 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the June 2018 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.
12 VILLAGE WAY is 337m² according to the EPC inspection conducted in April 2017. This puts it in the largest 10% 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 VILLAGE WAY lies on this distribution: 94% of detached houses are smaller than 12 VILLAGE WAY, and 6% of houses are larger. Note that EPC data is not available for all properties in London.
12 VILLAGE WAY sits on a plot of roughly 0.351 of an acre, or 1,420m². The below map shows the location of 12 VILLAGE WAY, 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 VILLAGE WAY). 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.
12 VILLAGE WAY is located in LONDON, in the SE21 postcode district. The below map shows the position of No. 12 on VILLAGE WAY.