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
2 HITHERWOOD DRIVE is a midsized extended detached house of 136m², built sometime between 1967 and 1975. It was last sold for £1,132,000 in March 2024, which was around 31% below the average March 2024 detached price in the Southwark local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 2 HITHERWOOD DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Southwark local authority area for the corresponding sale date. Both of the two 2 HITHERWOOD DRIVE 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 |
---|---|---|---|
2024 28 MAR | £1,132,000 | £1,651,133 | 31% below HPI |
2001 27 APR | £325,000 | £507,942 | 36% below HPI |
The below graph shows the average detached house price in the Southwark local authority area over time, sourced from the HPI. The two 2 HITHERWOOD DRIVE sales from April 2001 and March 2024 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 April 2001 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2024 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
2 HITHERWOOD DRIVE is 136m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 50% 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 HITHERWOOD DRIVE lies on this distribution: 45% of detached houses are smaller than 2 HITHERWOOD DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in London.
2 HITHERWOOD DRIVE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 2 HITHERWOOD DRIVE, 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 HITHERWOOD DRIVE). 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.
2 HITHERWOOD DRIVE is located in LONDON, in the SE19 postcode district. The below map shows the position of No. 2 on HITHERWOOD DRIVE.