3, LOVELOCK CLOSE, KENLEY, CR8 5HL - £850,000

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 LOVELOCK CLOSE is a large extended detached house of 185m², built sometime between 1991 and 1995. It was last sold for £850,000 in January 2021, which was around 7% above the average January 2021 detached price in the Croydon local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was C.

3 LOVELOCK CLOSE Sold Prices

Land registry data shows two sales for 3 LOVELOCK CLOSE since 1^st 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 LOVELOCK CLOSE 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
2021 12 JAN	£850,000	£792,722	7% above HPI
1997 12 MAY	£290,000	£160,738	80% above HPI

3 LOVELOCK CLOSE 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 two 3 LOVELOCK CLOSE sales from May 1997 and January 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 May 1997 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the January 2021 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 3 LOVELOCK CLOSE?

3 LOVELOCK CLOSE is 185m², which includes two extensions, according to the EPC inspection conducted in May 2020. This puts it in the largest 40% 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 LOVELOCK CLOSE lies on this distribution: 70% of detached houses are smaller than 3 LOVELOCK CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in London.

3 LOVELOCK CLOSE: Plot and Title Map

3 LOVELOCK CLOSE sits on a plot of roughly 0.285 of an acre, or 1,154m². The below map shows the location of 3 LOVELOCK CLOSE, 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 LOVELOCK CLOSE). 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 LOVELOCK CLOSE?

3 LOVELOCK CLOSE is located in KENLEY, in the CR8 postcode district. The below map shows the position of No. 3 on LOVELOCK CLOSE.