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
227 NEW PARK ROAD is a small detached house of 143m², built in 2021. It was last sold for £1,140,000 in March 2022, which was around 8% below the average March 2022 detached price in the Lambeth local authority area. The most recent EPC inspection was October 2021, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows four sales for 227 NEW PARK ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lambeth local authority area for the corresponding sale date. All of the four 227 NEW PARK ROAD 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 |
---|---|---|---|
2022 15 MAR | £1,140,000 | £1,243,518 | 8% below HPI |
2018 29 JUN | £600,000 | £1,160,437 | 48% below HPI |
2001 28 JUN | £184,000 | £357,405 | 49% below HPI |
1995 29 JUN | £85,000 | £148,120 | 43% below HPI |
The below graph shows the average detached house price in the Lambeth local authority area over time, sourced from the HPI. The four 227 NEW PARK ROAD sales between June 1995 and March 2022 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 2018 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the March 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.
227 NEW PARK ROAD is 143m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% of detached houses in Streatham, based on EPC data. The below chart shows the distribution of detached houses by size in Streatham, and where 227 NEW PARK ROAD lies on this distribution: 28% of detached houses are smaller than 227 NEW PARK ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Streatham.
227 NEW PARK ROAD sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 227 NEW PARK ROAD, 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 227 NEW PARK ROAD). 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.
227 NEW PARK ROAD is located in LONDON, in the SW2 postcode district. The below map shows the position of No. 227 on NEW PARK ROAD.