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 RAY BELL COURT is a very small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £510,000 in August 2014, which was around 20% below the average August 2014 detached price in the Lewisham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 2 RAY BELL COURT since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lewisham local authority area for the corresponding sale date. All of the four 2 RAY BELL COURT 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 |
---|---|---|---|
2014 28 AUG | £510,000 | £638,588 | 20% below HPI |
2001 15 OCT | £176,500 | £266,365 | 34% below HPI |
1999 18 MAR | £98,000 | £164,897 | 41% below HPI |
1995 26 OCT | £78,995 | £120,773 | 35% below HPI |
The below graph shows the average detached house price in the Lewisham local authority area over time, sourced from the HPI. The four 2 RAY BELL COURT sales between October 1995 and August 2014 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 October 2001 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2014 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
2 RAY BELL COURT is 79m² according to the EPC inspection conducted in May 2022. 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 2 RAY BELL COURT lies on this distribution: 7% of detached houses are smaller than 2 RAY BELL COURT, and 93% of houses are larger. Note that EPC data is not available for all properties in London.
2 RAY BELL COURT sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 2 RAY BELL COURT, 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 RAY BELL COURT). 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 RAY BELL COURT is located in LONDON, in the SE4 postcode district. The below map shows the position of No. 2 on RAY BELL COURT.