27, RINGMORE RISE, LONDON, SE23 3DF - £1,150,000

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.

27 RINGMORE RISE is a midsized extended detached house of 162m², built sometime between 1930 and 1949, which could now be worth an estimated £1,311,565. It was last sold for £1,150,000 in September 2021, which was around 18% above the average September 2021 detached price in the Lewisham local authority area. The most recent EPC inspection was February 2021, where the current energy rating was E, and the potential energy rating was C.

27 RINGMORE RISE Sold Prices

Land registry data shows three sales for 27 RINGMORE RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lewisham local authority area for the corresponding sale date. Two of the three 27 RINGMORE RISE sales were for above the average price, whilst one was 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
2021 24 SEP	£1,150,000	£971,283	18% above HPI
2011 29 JUL	£620,000	£491,428	26% above HPI
2004 2 DEC	£387,500	£403,215	4% below HPI

27 RINGMORE RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lewisham local authority area over time, sourced from the HPI. The three 27 RINGMORE RISE sales between December 2004 and September 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 July 2011 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2021 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 27 RINGMORE RISE be worth now?

27 RINGMORE RISE might now be worth an estimated £1,311,565.

This is based on house price inflation of 14%, between September 2021 and February 2025, for detached houses, in the Lewisham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14% inflationary increase is applied to the most recent sale price for 27 RINGMORE RISE of £1,150,000 on 24th September 2021. For the value to have increased from £1,150,000 to £1,311,565 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 27 RINGMORE RISE has moved in line with the HPI for detached houses in the Lewisham local authority area.
• The September 2021 sale price of £1,150,000 represented a fair market value for the property.
• The size, condition, and specification of 27 RINGMORE RISE has not materially changed since September 2021.

How Large is 27 RINGMORE RISE?

27 RINGMORE RISE is 162m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the largest 40% 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 27 RINGMORE RISE lies on this distribution: 60% of detached houses houses are smaller than 27 RINGMORE RISE, and 40% of houses are larger. Note that EPC data is not available for all properties in London.

27 RINGMORE RISE: Plot and Title Map

27 RINGMORE RISE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 27 RINGMORE RISE, 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 27 RINGMORE RISE). 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 27 RINGMORE RISE?

27 RINGMORE RISE is located in LONDON, in the SE23 postcode district. The below map shows the position of No. 27 on RINGMORE RISE.