1A, DRAKE ROAD, LONDON, SE4 1QH - £1,125,000

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.

1A DRAKE ROAD is a midsized detached house of 151m², built sometime from 2007 onwards, which could now be worth an estimated £1,228,408. It was last sold for £1,125,000 in February 2021, which was around 11% above the average February 2021 detached price in the Lewisham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

1A DRAKE ROAD Sold Prices

Land registry data shows two sales for 1A DRAKE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lewisham local authority area for the corresponding sale date. One of the two 1A DRAKE ROAD sales was for above the average price, whilst the other was 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 5 FEB	£1,125,000	£1,014,490	11% above HPI
2013 21 AUG	£225,000	£589,048	62% below HPI

1A DRAKE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lewisham local authority area over time, sourced from the HPI. The two 1A DRAKE ROAD sales from August 2013 and February 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 August 2013 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the February 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 1A DRAKE ROAD be worth now?

1A DRAKE ROAD might now be worth an estimated £1,228,408.

This is based on house price inflation of 9.2%, between February 2021 and February 2025, for detached houses, in the Lewisham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.2% inflationary increase is applied to the most recent sale price for 1A DRAKE ROAD of £1,125,000 on 5th February 2021. For the value to have increased from £1,125,000 to £1,228,408 over the four years to February 2025, the following assumptions must hold true:

• The value of 1A DRAKE ROAD has moved in line with the HPI for detached houses in the Lewisham local authority area.
• The February 2021 sale price of £1,125,000 represented a fair market value for the property.
• The size, condition, and specification of 1A DRAKE ROAD has not materially changed since February 2021.

How Large is 1A DRAKE ROAD?

1A DRAKE ROAD is 151m² according to the EPC inspection conducted in August 2020. This puts it in the largest 50% 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 1A DRAKE ROAD lies on this distribution: 54% of detached houses houses are smaller than 1A DRAKE ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in London.

1A DRAKE ROAD: Plot and Title Map

1A DRAKE ROAD sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 1A DRAKE ROAD, 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 1A DRAKE ROAD). 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 1A DRAKE ROAD?

1A DRAKE ROAD is located in LONDON, in the SE4 postcode district. The below map shows the position of No. 1A on DRAKE ROAD.