3, HOVETON ROAD, LONDON, SE28 8LW - £343,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 HOVETON ROAD is a very small detached house of 72m², built sometime between 1983 and 1990. It was last sold for £343,000 in May 2016, which was around 55% below the average May 2016 detached price in the Greenwich local authority area. The most recent EPC inspection was February 2016, where the current energy rating was F, and the potential energy rating was B.

3 HOVETON ROAD Sold Prices

Land registry data shows five sales for 3 HOVETON ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Greenwich local authority area for the corresponding sale date. All of the five 3 HOVETON ROAD 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
2016 9 MAY	£343,000	£765,932	55% below HPI
2001 9 NOV	£130,000	£282,709	54% below HPI
2000 22 JUN	£113,500	£230,096	51% below HPI
1998 14 DEC	£85,995	£178,263	52% below HPI
1997 15 AUG	£70,500	£154,469	54% below HPI

3 HOVETON ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Greenwich local authority area over time, sourced from the HPI. The five 3 HOVETON ROAD sales between August 1997 and May 2016 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 2001 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the May 2016 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 3 HOVETON ROAD?

3 HOVETON ROAD is 72m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% 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 HOVETON ROAD lies on this distribution: 4% of detached houses are smaller than 3 HOVETON ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in London.

3 HOVETON ROAD: Plot and Title Map

3 HOVETON ROAD sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 3 HOVETON ROAD, 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 HOVETON ROAD). 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 3 HOVETON ROAD?

3 HOVETON ROAD is located in LONDON, in the SE28 postcode district. The below map shows the position of No. 3 on HOVETON ROAD.