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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 REVELEY SQUARE is a very small extended detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £607,089. 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	£1,069,450	62% below HPI
2004 29 APR	£225,000	£632,360	64% below HPI
2000 19 DEC	£166,000	£498,155	67% below HPI
1996 15 AUG	£77,000	£224,852	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.

What might 23 REVELEY SQUARE be worth now?

23 REVELEY SQUARE might now be worth an estimated £607,089.

This is based on house price inflation of 49.9%, between September 2012 and December 2024, for detached houses, in the Southwark local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.9% inflationary increase is applied to the most recent sale price for 23 REVELEY SQUARE of £405,000 on 25th September 2012. For the value to have increased from £405,000 to £607,089 over the eleven years and nine months to December 2024, the following assumptions must hold true:

• The value of 23 REVELEY SQUARE has moved in line with the HPI for detached houses in the Southwark local authority area.
• The September 2012 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 23 REVELEY SQUARE has not materially changed since September 2012.

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 houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 23 REVELEY SQUARE lies on this distribution: 6% of detached houses 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.