2, ADDISONS CLOSE, CROYDON, CR0 8DX - £485,000

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

2 ADDISONS CLOSE is a very small extended detached house of 92m², built sometime between 1930 and 1949. It was last sold for £485,000 in July 2020, which was around 38% below the average July 2020 detached price in the Croydon local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

2 ADDISONS CLOSE Sold Prices

Land registry data shows two sales for 2 ADDISONS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Croydon local authority area for the corresponding sale date. Both of the two 2 ADDISONS CLOSE 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
2020 3 JUL	£485,000	£783,091	38% below HPI
1996 12 SEP	£116,000	£152,807	24% below HPI

2 ADDISONS CLOSE 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 two 2 ADDISONS CLOSE sales from September 1996 and July 2020 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 1996 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2020 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 2 ADDISONS CLOSE?

2 ADDISONS CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in August 2019. 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 2 ADDISONS CLOSE lies on this distribution: 14% of detached houses are smaller than 2 ADDISONS CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in London.

2 ADDISONS CLOSE: Plot and Title Map

2 ADDISONS CLOSE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 2 ADDISONS CLOSE, 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 2 ADDISONS CLOSE). 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 2 ADDISONS CLOSE?

2 ADDISONS CLOSE is located in CROYDON, in the CR0 postcode district. The below map shows the position of No. 2 on ADDISONS CLOSE.