2A, NORTHLANDS STREET, LONDON, SE5 9PL - £485,000

2A NORTHLANDS STREET is a very small extended detached house of 98m², built sometime before 1900. It was last sold for £485,000 in June 2014, which was around 48% below the average June 2014 detached price in the Lambeth local authority area. The most recent EPC inspection was April 2013, where the current energy rating was F, and the potential energy rating was B.

2A NORTHLANDS STREET Sold Prices

Land registry data shows five sales for 2A NORTHLANDS STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lambeth local authority area for the corresponding sale date. All of the five 2A NORTHLANDS 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
2014 13 JUN	£485,000	£935,473	48% below HPI
2006 3 NOV	£275,000	£520,049	47% below HPI
1998 18 APR	£118,000	£214,783	45% below HPI
1997 2 OCT	£80,000	£198,712	60% below HPI
1997 28 FEB	£40,000	£173,907	77% below HPI

2A NORTHLANDS STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lambeth local authority area over time, sourced from the HPI. The five 2A NORTHLANDS STREET sales between February 1997 and June 2014 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 November 2006 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2014 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 2A NORTHLANDS STREET?

2A NORTHLANDS STREET is 98m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 2A NORTHLANDS STREET lies on this distribution: 18% of detached houses are smaller than 2A NORTHLANDS STREET, and 81% of houses are larger. Note that EPC data is not available for all properties in London.

2A NORTHLANDS STREET: Plot and Title Map

2A NORTHLANDS STREET sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 2A NORTHLANDS 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 2A NORTHLANDS 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 2A NORTHLANDS STREET?

2A NORTHLANDS STREET is located in LONDON, in the SE5 postcode district. The below map shows the position of No. 2A on NORTHLANDS STREET.