24, THE DRIVE, COULSDON, CR5 2BL - £478,000

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.

24 THE DRIVE is a large extended detached house of 150m², built sometime between 1950 and 1966, which could now be worth an estimated £888,181. It was last sold for £478,000 in February 2011, which was around 3% above the average February 2011 detached price in the Croydon local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

24 THE DRIVE Sold Prices

Land registry data shows three sales for 24 THE DRIVE 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. One of the three 24 THE DRIVE sales was for above the average price, whilst two 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
2011 18 FEB	£478,000	£462,967	3% above HPI
2000 23 MAY	£210,000	£266,375	21% below HPI
1999 24 SEP	£135,000	£227,660	41% below HPI

24 THE DRIVE 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 24 THE DRIVE sales between September 1999 and February 2011 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 May 2000 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2011 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 24 THE DRIVE be worth now?

24 THE DRIVE might now be worth an estimated £888,181.

This is based on house price inflation of 85.8%, between February 2011 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 85.8% inflationary increase is applied to the most recent sale price for 24 THE DRIVE of £478,000 on 18th February 2011. For the value to have increased from £478,000 to £888,181 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of 24 THE DRIVE has moved in line with the HPI for detached houses in the Croydon local authority area.
• The February 2011 sale price of £478,000 represented a fair market value for the property.
• The size, condition, and specification of 24 THE DRIVE has not materially changed since February 2011.

How Large is 24 THE DRIVE?

24 THE DRIVE is 150m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the largest 40% of detached houses houses in Coulsdon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coulsdon, and where 24 THE DRIVE lies on this distribution: 63% of detached houses houses are smaller than 24 THE DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Coulsdon.

24 THE DRIVE: Plot and Title Map

24 THE DRIVE sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of 24 THE DRIVE, 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 THE DRIVE). 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 THE DRIVE?

24 THE DRIVE is located in COULSDON, in the CR5 postcode district. The below map shows the position of No. 24 on THE DRIVE.