1A, VERNHAM ROAD, LONDON, SE18 3EY - £200,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1A VERNHAM ROAD is a very small detached house of 64m², built sometime between 1930 and 1949. It was last sold for £200,000 in December 2011, which was around 56% below the average December 2011 detached price in the Greenwich local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was D.

1A VERNHAM ROAD Sold Prices

Land registry data shows two sales for 1A VERNHAM 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 Greenwich local authority area for the corresponding sale date. Both of the two 1A VERNHAM ROAD 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
2011 9 DEC	£200,000	£452,865	56% below HPI
2007 15 MAY	£200,000	£430,514	54% below HPI

1A VERNHAM ROAD 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 two 1A VERNHAM ROAD sales from May 2007 and December 2011 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 May 2007 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the December 2011 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 1A VERNHAM ROAD?

1A VERNHAM ROAD is 64m² according to the EPC inspection conducted in February 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 1A VERNHAM ROAD lies on this distribution: 2% of detached houses are smaller than 1A VERNHAM ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in London.

1A VERNHAM ROAD: Plot and Title Map

1A VERNHAM ROAD sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 1A VERNHAM 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 VERNHAM 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 VERNHAM ROAD?

1A VERNHAM ROAD is located in LONDON, in the SE18 postcode district. The below map shows the position of No. 1A on VERNHAM ROAD.