3, PLOUGH LANE, LONDON, SE22 8JL - £372,000

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 PLOUGH LANE is a very small extended detached house of 67m², built sometime between 2003 and 2006. It was last sold for £372,000 in September 2013, which was around 69% below the average September 2013 detached price in the Southwark local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

3 PLOUGH LANE Sold Prices

Land registry data shows three sales for 3 PLOUGH LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Southwark local authority area for the corresponding sale date. All of the three 3 PLOUGH LANE 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
2013 30 SEP	£372,000	£1,182,738	69% below HPI
2007 26 JUL	£250,000	£857,347	71% below HPI
2006 12 DEC	£225,000	£755,651	70% below HPI

3 PLOUGH LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southwark local authority area over time, sourced from the HPI. The three 3 PLOUGH LANE sales between December 2006 and September 2013 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 2007 sale was for 71% below the HPI. So the extrapolation line tracks at 71% below the HPI over time, until the September 2013 sale, where it rises to 69% below the HPI. The line then continues to track at 69% below the HPI.

How Large is 3 PLOUGH LANE?

3 PLOUGH LANE is 67m², which includes one extension, according to the EPC inspection conducted in February 2010. 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 PLOUGH LANE lies on this distribution: 3% of detached houses are smaller than 3 PLOUGH LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in London.

3 PLOUGH LANE: Plot and Title Map

3 PLOUGH LANE sits on a plot of roughly 0.018 of an acre, or 72m². The below map shows the location of 3 PLOUGH LANE, 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 PLOUGH LANE). 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 PLOUGH LANE?

3 PLOUGH LANE is located in LONDON, in the SE22 postcode district. The below map shows the position of No. 3 on PLOUGH LANE.