24, RAVENSHEAD CLOSE, SOUTH CROYDON, CR2 8RL - £367,500

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.

24 RAVENSHEAD CLOSE is a small detached house of 105m², built sometime between 1976 and 1982, which could now be worth an estimated £670,600. It was last sold for £367,500 in May 2012, which was around 22% below the average May 2012 detached price in the Croydon local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

24 RAVENSHEAD CLOSE Sold Prices

Land registry data shows two sales for 24 RAVENSHEAD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Croydon local authority area for the corresponding sale date. Both of the two 24 RAVENSHEAD CLOSE 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 2 MAY	£367,500	£471,430	22% below HPI
2009 27 MAR	£280,000	£422,085	34% below HPI

24 RAVENSHEAD CLOSE 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 two 24 RAVENSHEAD CLOSE sales from March 2009 and May 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 March 2009 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2012 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 24 RAVENSHEAD CLOSE be worth now?

24 RAVENSHEAD CLOSE might now be worth an estimated £670,600.

This is based on house price inflation of 82.5%, between May 2012 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 82.5% inflationary increase is applied to the most recent sale price for 24 RAVENSHEAD CLOSE of £367,500 on 2nd May 2012. For the value to have increased from £367,500 to £670,600 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of 24 RAVENSHEAD CLOSE has moved in line with the HPI for detached houses in the Croydon local authority area.
• The May 2012 sale price of £367,500 represented a fair market value for the property.
• The size, condition, and specification of 24 RAVENSHEAD CLOSE has not materially changed since May 2012.

How Large is 24 RAVENSHEAD CLOSE?

24 RAVENSHEAD CLOSE is 105m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 30% 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 24 RAVENSHEAD CLOSE lies on this distribution: 24% of detached houses houses are smaller than 24 RAVENSHEAD CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in London.

24 RAVENSHEAD CLOSE: Plot and Title Map

24 RAVENSHEAD CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 24 RAVENSHEAD CLOSE, 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 RAVENSHEAD CLOSE). 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 RAVENSHEAD CLOSE?

24 RAVENSHEAD CLOSE is located in SOUTH CROYDON, in the CR2 postcode district. The below map shows the position of No. 24 on RAVENSHEAD CLOSE.