125, COVINGTON WAY, LONDON, SW16 3RX - £480,000

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

125 COVINGTON WAY is a midsized extended detached house of 145m², built sometime between 1950 and 1966. It was last sold for £480,000 in November 2020, which was around 40% below the average November 2020 detached price in the Croydon local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

125 COVINGTON WAY Sold Prices

Land registry data shows three sales for 125 COVINGTON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Croydon local authority area for the corresponding sale date. Two of the three 125 COVINGTON WAY sales were for below the average price, whilst one 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
2020 25 NOV	£480,000	£800,541	40% below HPI
2005 24 MAY	£450,000	£396,696	13% above HPI
1998 23 MAR	£165,000	£186,156	11% below HPI

125 COVINGTON WAY 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 three 125 COVINGTON WAY sales between March 1998 and November 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 May 2005 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2020 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 125 COVINGTON WAY?

125 COVINGTON WAY is 145m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 125 COVINGTON WAY lies on this distribution: 51% of detached houses are smaller than 125 COVINGTON WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in London.

125 COVINGTON WAY: Plot and Title Map

125 COVINGTON WAY sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 125 COVINGTON 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 125 COVINGTON 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.

Where is 125 COVINGTON WAY?

125 COVINGTON WAY is located in LONDON, in the SW16 postcode district. The below map shows the position of No. 125 on COVINGTON WAY.