24, PHELP STREET, LONDON, SE17 2PH - £530,000

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

24 PHELP STREET is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £530,000 in June 2024, which was around 67% below the average June 2024 detached price in the Southwark local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

24 PHELP STREET Sold Prices

Land registry data shows two sales for 24 PHELP STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Southwark local authority area for the corresponding sale date. Both of the two 24 PHELP STREET 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
2024 7 JUN	£530,000	£1,608,353	67% below HPI
1999 29 APR	£85,000	£340,427	75% below HPI

24 PHELP STREET 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 two 24 PHELP STREET sales from April 1999 and June 2024 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 1999 sale was for 75% below the HPI. So the extrapolation line tracks at 75% below the HPI over time, until the June 2024 sale, where it rises to 67% below the HPI. The line then continues to track at 67% below the HPI.

How Large is 24 PHELP STREET?

24 PHELP STREET is 68m² according to the EPC inspection conducted in March 2024. 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 24 PHELP STREET lies on this distribution: 3% of detached houses are smaller than 24 PHELP STREET, and 97% of houses are larger. Note that EPC data is not available for all properties in London.

24 PHELP STREET: Plot and Title Map

24 PHELP STREET sits on a plot of roughly 0.025 of an acre, or 100m². The below map shows the location of 24 PHELP STREET, 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 24 PHELP STREET). 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 24 PHELP STREET?

24 PHELP STREET is located in LONDON, in the SE17 postcode district. The below map shows the position of No. 24 on PHELP STREET.