2, WESTCROFT, SOUTH ROAD, LONDON, SE23 2UJ - £690,000

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 WESTCROFT is a very small detached house of 87m², built sometime between 1900 and 1929. It was last sold for £690,000 in October 2017, which was around 15% below the average October 2017 detached price in the Lewisham local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

2 WESTCROFT Sold Prices

Land registry data shows four sales for 2 WESTCROFT since 1^st 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 WESTCROFT 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
2017 19 OCT	£690,000	£812,069	15% below HPI
2013 26 JUN	£490,000	£495,532	1% below HPI
2006 23 NOV	£345,000	£386,120	11% below HPI
2003 23 OCT	£245,000	£330,469	26% below HPI

2 WESTCROFT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lewisham local authority area over time, sourced from the HPI. The four 2 WESTCROFT sales between October 2003 and October 2017 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 June 2013 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 WESTCROFT?

2 WESTCROFT is 87m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% 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 WESTCROFT lies on this distribution: 11% of detached houses are smaller than 2 WESTCROFT, and 88% of houses are larger. Note that EPC data is not available for all properties in London.

2 WESTCROFT: Plot and Title Map

2 WESTCROFT sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 2 WESTCROFT, 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 WESTCROFT). 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 WESTCROFT?

2 WESTCROFT is located on SOUTH ROAD in LONDON, in the SE23 postcode district. The below map shows the position of 2 WESTCROFT on SOUTH ROAD.