1A, ELSTAN WAY, CROYDON, CR0 7PR - £390,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1A ELSTAN WAY is a very small detached house of 71m², built sometime between 1930 and 1949, which could now be worth an estimated £420,681. It was last sold for £390,000 in February 2018, which was around 51% below the average February 2018 detached price in the Croydon local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

1A ELSTAN WAY Sold Prices

Land registry data shows three sales for 1A ELSTAN 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. All of the three 1A ELSTAN 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
2018 23 FEB	£390,000	£789,382	51% below HPI
2010 9 JUL	£250,000	£461,961	46% below HPI
1996 29 MAR	£98,000	£151,922	35% below HPI

1A ELSTAN 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 1A ELSTAN WAY sales between March 1996 and February 2018 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 July 2010 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the February 2018 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 1A ELSTAN WAY be worth now?

1A ELSTAN WAY might now be worth an estimated £420,681.

This is based on house price inflation of 7.9%, between February 2018 and December 2024, for detached houses, in the Croydon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.9% inflationary increase is applied to the most recent sale price for 1A ELSTAN WAY of £390,000 on 23rd February 2018. For the value to have increased from £390,000 to £420,681 over the five years and two months to December 2024, the following assumptions must hold true:

• The value of 1A ELSTAN WAY has moved in line with the HPI for detached houses in the Croydon local authority area.
• The February 2018 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 1A ELSTAN WAY has not materially changed since February 2018.

How Large is 1A ELSTAN WAY?

1A ELSTAN WAY is 71m² according to the EPC inspection conducted in February 2017. 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 1A ELSTAN WAY lies on this distribution: 4% of detached houses houses are smaller than 1A ELSTAN WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in London.

1A ELSTAN WAY: Plot and Title Map

1A ELSTAN WAY sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 1A ELSTAN 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 1A ELSTAN 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 1A ELSTAN WAY?

1A ELSTAN WAY is located in CROYDON, in the CR0 postcode district. The below map shows the position of No. 1A on ELSTAN WAY.