18, GRASSHAVEN WAY, LONDON, SE28 8TH - £465,000

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

18 GRASSHAVEN WAY is a very small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £465,000 in November 2021, which was around 49% below the average November 2021 detached price in the Greenwich local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

18 GRASSHAVEN WAY Sold Prices

Land registry data shows five sales for 18 GRASSHAVEN WAY 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 18 GRASSHAVEN WAY 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
2021 2 NOV	£465,000	£911,240	49% below HPI
2012 25 SEP	£215,000	£488,112	56% below HPI
2005 27 FEB	£250,000	£364,993	32% below HPI
2002 9 OCT	£210,000	£321,925	35% below HPI
2002 28 MAY	£179,000	£306,422	42% below HPI

18 GRASSHAVEN WAY 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 18 GRASSHAVEN WAY sales between May 2002 and November 2021 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 September 2012 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the November 2021 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 18 GRASSHAVEN WAY?

18 GRASSHAVEN WAY is 78m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 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 18 GRASSHAVEN WAY lies on this distribution: 7% of detached houses are smaller than 18 GRASSHAVEN WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in London.

18 GRASSHAVEN WAY: Plot and Title Map

18 GRASSHAVEN WAY sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 18 GRASSHAVEN 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 18 GRASSHAVEN 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 18 GRASSHAVEN WAY?

18 GRASSHAVEN WAY is located in LONDON, in the SE28 postcode district. The below map shows the position of No. 18 on GRASSHAVEN WAY.