2, STRANDFIELD CLOSE, LONDON, SE18 1LA - £310,000

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 STRANDFIELD CLOSE is a small detached house of 123m², built sometime between 1967 and 1975. It was last sold for £310,000 in February 2015, which was around 52% below the average February 2015 detached price in the Greenwich local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

2 STRANDFIELD CLOSE Sold Prices

Land registry data shows two sales for 2 STRANDFIELD 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 Greenwich local authority area for the corresponding sale date. Both of the two 2 STRANDFIELD 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
2015 6 FEB	£310,000	£644,104	52% below HPI
2001 26 FEB	£145,000	£245,639	41% below HPI

2 STRANDFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Greenwich local authority area over time, sourced from the HPI. The two 2 STRANDFIELD CLOSE sales from February 2001 and February 2015 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 February 2001 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2015 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 2 STRANDFIELD CLOSE?

2 STRANDFIELD CLOSE is 123m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 40% 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 STRANDFIELD CLOSE lies on this distribution: 36% of detached houses are smaller than 2 STRANDFIELD CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in London.

2 STRANDFIELD CLOSE: Plot and Title Map

2 STRANDFIELD CLOSE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 2 STRANDFIELD 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 STRANDFIELD 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 STRANDFIELD CLOSE?

2 STRANDFIELD CLOSE is located in LONDON, in the SE18 postcode district. The below map shows the position of No. 2 on STRANDFIELD CLOSE.