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
3 ESSEX MEWS is a midsized extended detached house of 151m², built sometime from 2012 onwards. It was last sold for £990,000 in July 2023, which was around 19% above the average July 2023 detached price in the Croydon local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 3 ESSEX MEWS since 1st 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 3 ESSEX MEWS sales were for above 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 |
---|---|---|---|
2023 28 JUL | £990,000 | £834,227 | 19% above HPI |
2013 12 JUL | £569,995 | £486,545 | 17% above HPI |
The below graph shows the average detached house price in the Croydon local authority area over time, sourced from the HPI. The two 3 ESSEX MEWS sales from July 2013 and July 2023 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 2013 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2023 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.
3 ESSEX MEWS is 151m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 3 ESSEX MEWS lies on this distribution: 54% of detached houses are smaller than 3 ESSEX MEWS, and 46% of houses are larger. Note that EPC data is not available for all properties in London.
3 ESSEX MEWS sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 3 ESSEX MEWS, 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 3 ESSEX MEWS). 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.
3 ESSEX MEWS is located in LONDON, in the SE19 postcode district. The below map shows the position of No. 3 on ESSEX MEWS.