15, CARRONADE PLACE, LONDON, SE28 0EE - £400,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 CARRONADE PLACE is a very small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £400,000 in May 2017, which was around 49% below the average May 2017 detached price in the Greenwich local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

15 CARRONADE PLACE Sold Prices

Land registry data shows five sales for 15 CARRONADE PLACE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Greenwich local authority area for the corresponding sale date. All of the five 15 CARRONADE PLACE 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
2017 22 MAY	£400,000	£778,847	49% below HPI
2016 31 MAR	£350,000	£744,428	53% below HPI
2001 14 MAY	£148,500	£258,985	43% below HPI
1997 6 JUN	£76,995	£147,660	48% below HPI
1995 21 JUL	£71,000	£133,518	47% below HPI

15 CARRONADE PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Greenwich local authority area over time, sourced from the HPI. The five 15 CARRONADE PLACE sales between July 1995 and May 2017 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 March 2016 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the May 2017 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 15 CARRONADE PLACE?

15 CARRONADE PLACE is 90m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 15 CARRONADE PLACE lies on this distribution: 13% of detached houses are smaller than 15 CARRONADE PLACE, and 86% of houses are larger. Note that EPC data is not available for all properties in London.

15 CARRONADE PLACE: Plot and Title Map

15 CARRONADE PLACE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 15 CARRONADE PLACE, 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 15 CARRONADE PLACE). 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 15 CARRONADE PLACE?

15 CARRONADE PLACE is located in LONDON, in the SE28 postcode district. The below map shows the position of No. 15 on CARRONADE PLACE.