12C, THEED STREET, LONDON, SE1 8ST - £1,240,000

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.

12C THEED STREET is a very small detached house of 65m², built sometime between 1930 and 1949, which could now be worth an estimated £1,316,670. It was last sold for £1,240,000 in September 2019, which was around 12% above the average September 2019 detached price in the Lambeth local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

12C THEED STREET Sold Prices

Land registry data shows four sales for 12C THEED STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lambeth local authority area for the corresponding sale date. Most of the four 12C THEED STREET 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
2019 9 SEP	£1,240,000	£1,110,770	12% above HPI
2008 20 NOV	£413,500	£535,211	23% below HPI
1998 17 JUL	£260,000	£230,157	13% above HPI
1998 20 MAR	£240,000	£205,491	17% above HPI

12C THEED STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lambeth local authority area over time, sourced from the HPI. The four 12C THEED STREET sales between March 1998 and September 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 2008 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2019 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 12C THEED STREET be worth now?

12C THEED STREET might now be worth an estimated £1,316,670.

This is based on house price inflation of 6.2%, between September 2019 and February 2025, for detached houses, in the Lambeth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.2% inflationary increase is applied to the most recent sale price for 12C THEED STREET of £1,240,000 on 9th September 2019. For the value to have increased from £1,240,000 to £1,316,670 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 12C THEED STREET has moved in line with the HPI for detached houses in the Lambeth local authority area.
• The September 2019 sale price of £1,240,000 represented a fair market value for the property.
• The size, condition, and specification of 12C THEED STREET has not materially changed since September 2019.

How Large is 12C THEED STREET?

12C THEED STREET is 65m² according to the EPC inspection conducted in April 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 12C THEED STREET lies on this distribution: 2% of detached houses houses are smaller than 12C THEED STREET, and 97% of houses are larger. Note that EPC data is not available for all properties in London.

12C THEED STREET: Plot and Title Map

12C THEED STREET sits on a plot of roughly 0.017 of an acre, or 70m². The below map shows the location of 12C THEED STREET, 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 12C THEED STREET). 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 12C THEED STREET?

12C THEED STREET is located in LONDON, in the SE1 postcode district. The below map shows the position of No. 12C on THEED STREET.