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 REDWOOD CLOSE is a midsized extended detached house of 156m², built sometime between 1950 and 1966. It was last sold for £530,000 in November 2010, which was around 18% above the average November 2010 detached price in the Croydon local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for 2 REDWOOD CLOSE since 1st 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 REDWOOD CLOSE 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 |
---|---|---|---|
2010 30 NOV | £530,000 | £449,308 | 18% above HPI |
2006 13 JUL | £460,000 | £408,668 | 13% above HPI |
The below graph shows the average detached house price in the Croydon local authority area over time, sourced from the HPI. The two 2 REDWOOD CLOSE sales from July 2006 and November 2010 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 July 2006 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2010 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.
2 REDWOOD CLOSE is 156m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the largest 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 REDWOOD CLOSE lies on this distribution: 57% of detached houses are smaller than 2 REDWOOD CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in London.
2 REDWOOD CLOSE sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 2 REDWOOD 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 REDWOOD 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.
2 REDWOOD CLOSE is located in KENLEY, in the CR8 postcode district. The below map shows the position of No. 2 on REDWOOD CLOSE.