23, SPENCER ROAD, SOUTH CROYDON, CR2 7EL - £1,500,000

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.

23 SPENCER ROAD is a very large detached house of 316m², built sometime between 1900 and 1929, which could now be worth an estimated £1,561,050. It was last sold for £1,500,000 in June 2021, which was around 81% above the average June 2021 detached price in the Croydon local authority area. The most recent EPC inspection was March 2021, where the current energy rating was E, and the potential energy rating was B.

23 SPENCER ROAD Sold Prices

Land registry data shows three sales for 23 SPENCER ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Croydon local authority area for the corresponding sale date. All of the three 23 SPENCER ROAD sales were for above 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
2021 25 JUN	£1,500,000	£826,605	81% above HPI
2001 1 MAR	£449,000	£290,364	55% above HPI
1997 15 AUG	£295,000	£182,801	61% above HPI

23 SPENCER ROAD 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 three 23 SPENCER ROAD sales between August 1997 and June 2021 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 March 2001 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the June 2021 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

What might 23 SPENCER ROAD be worth now?

23 SPENCER ROAD might now be worth an estimated £1,561,050.

This is based on house price inflation of 4.1%, between June 2021 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 4.1% inflationary increase is applied to the most recent sale price for 23 SPENCER ROAD of £1,500,000 on 25th June 2021. For the value to have increased from £1,500,000 to £1,561,050 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 23 SPENCER ROAD has moved in line with the HPI for detached houses in the Croydon local authority area.
• The June 2021 sale price of £1,500,000 represented a fair market value for the property.
• The size, condition, and specification of 23 SPENCER ROAD has not materially changed since June 2021.

How Large is 23 SPENCER ROAD?

23 SPENCER ROAD is 316m² according to the EPC inspection conducted in March 2021. This puts it in the largest 10% 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 23 SPENCER ROAD lies on this distribution: 98% of detached houses houses are smaller than 23 SPENCER ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Croydon.

23 SPENCER ROAD: Plot and Title Map

23 SPENCER ROAD sits on a plot of roughly 0.176 of an acre, or 711m². The below map shows the location of 23 SPENCER 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 23 SPENCER 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.

Where is 23 SPENCER ROAD?

23 SPENCER ROAD is located in SOUTH CROYDON, in the CR2 postcode district. The below map shows the position of No. 23 on SPENCER ROAD.