23, REVELEY SQUARE, LONDON, SE16 6HS - £405,000

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

23 REVELEY SQUARE is a very small extended detached house of 77m², built sometime between 1983 and 1990. It was last sold for £405,000 in September 2012, which was around 62% below the average September 2012 detached price in the Southwark local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

23 REVELEY SQUARE Sold Prices

Land registry data shows four sales for 23 REVELEY SQUARE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Southwark local authority area for the corresponding sale date. All of the four 23 REVELEY SQUARE 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
2012 25 SEP	£405,000	£1,070,489	62% below HPI
2004 29 APR	£225,000	£632,975	64% below HPI
2000 19 DEC	£166,000	£498,639	67% below HPI
1996 15 AUG	£77,000	£225,070	66% below HPI

23 REVELEY SQUARE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southwark local authority area over time, sourced from the HPI. The four 23 REVELEY SQUARE sales between August 1996 and September 2012 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 April 2004 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the September 2012 sale, where it rises to 62% below the HPI. The line then continues to track at 62% below the HPI.

How Large is 23 REVELEY SQUARE?

23 REVELEY SQUARE is 77m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 23 REVELEY SQUARE lies on this distribution: 6% of detached houses are smaller than 23 REVELEY SQUARE, and 93% of houses are larger. Note that EPC data is not available for all properties in London.

23 REVELEY SQUARE: Plot and Title Map

23 REVELEY SQUARE sits on a plot of roughly 0.027 of an acre, or 108m². The below map shows the location of 23 REVELEY SQUARE, 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 23 REVELEY SQUARE). 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 23 REVELEY SQUARE?

23 REVELEY SQUARE is located in LONDON, in the SE16 postcode district. The below map shows the position of No. 23 on REVELEY SQUARE.