20B, THE GALLOP, SOUTH CROYDON, CR2 7LP - £490,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

20B THE GALLOP is a very small detached house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £538,362. It was last sold for £490,000 in May 2019, which was around 37% below the average May 2019 detached price in the Croydon local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

20B THE GALLOP Sold Prices

Land registry data shows two sales for 20B THE GALLOP since 1^st 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 20B THE GALLOP 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
2019 24 MAY	£490,000	£782,970	37% below HPI
2018 30 NOV	£506,900	£797,089	36% below HPI

20B THE GALLOP Price Paid vs. HPI Average

The below graph shows the average detached house price in the Croydon local authority area over time, sourced from the HPI. The two 20B THE GALLOP sales from November 2018 and May 2019 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 November 2018 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2019 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 20B THE GALLOP be worth now?

20B THE GALLOP might now be worth an estimated £538,362.

This is based on house price inflation of 9.9%, between May 2019 and February 2025, for detached houses, in the Croydon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.9% inflationary increase is applied to the most recent sale price for 20B THE GALLOP of £490,000 on 24th May 2019. For the value to have increased from £490,000 to £538,362 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 20B THE GALLOP has moved in line with the HPI for detached houses in the Croydon local authority area.
• The May 2019 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 20B THE GALLOP has not materially changed since May 2019.

How Large is 20B THE GALLOP?

20B THE GALLOP is 100m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses houses in Croydon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Croydon, and where 20B THE GALLOP lies on this distribution: 16% of detached houses houses are smaller than 20B THE GALLOP, and 83% of houses are larger. Note that EPC data is not available for all properties in Croydon.

20B THE GALLOP: Plot and Title Map

20B THE GALLOP sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of 20B THE GALLOP, 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 20B THE GALLOP). 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 20B THE GALLOP?

20B THE GALLOP is located in SOUTH CROYDON, in the CR2 postcode district. The below map shows the position of No. 20B on THE GALLOP.