2, LOVELACE ROAD, LONDON, SE21 8JX - £1,565,000

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 LOVELACE ROAD is a midsized extended detached house of 134m², built sometime between 1900 and 1929. It was last sold for £1,565,000 in January 2021, which was around 28% above the average January 2021 detached price in the Lambeth local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.

2 LOVELACE ROAD Sold Prices

Land registry data shows two sales for 2 LOVELACE 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 Lambeth local authority area for the corresponding sale date. Both of the two 2 LOVELACE ROAD sales were for above 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 27 JAN	£1,565,000	£1,223,585	28% above HPI
2001 16 MAR	£395,000	£335,256	18% above HPI

2 LOVELACE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lambeth local authority area over time, sourced from the HPI. The two 2 LOVELACE ROAD sales from March 2001 and January 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 March 2001 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 2 LOVELACE ROAD?

2 LOVELACE ROAD is 134m², which includes two extensions, according to the EPC inspection conducted in July 2020. 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 LOVELACE ROAD lies on this distribution: 43% of detached houses are smaller than 2 LOVELACE ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in London.

2 LOVELACE ROAD: Plot and Title Map

2 LOVELACE ROAD sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 2 LOVELACE 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 2 LOVELACE 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 2 LOVELACE ROAD?

2 LOVELACE ROAD is located in LONDON, in the SE21 postcode district. The below map shows the position of No. 2 on LOVELACE ROAD.