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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). 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	£1,181,590	69% below HPI
2007 26 JUL	£250,000	£856,515	71% below HPI
2006 12 DEC	£225,000	£754,917	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.

What might 3 PLOUGH LANE be worth now?

3 PLOUGH LANE might now be worth an estimated £504,701.

This is based on house price inflation of 35.7%, between September 2013 and December 2024, for detached houses, in the Southwark local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.7% inflationary increase is applied to the most recent sale price for 3 PLOUGH LANE of £372,000 on 30th September 2013. For the value to have increased from £372,000 to £504,701 over the ten years and nine months to December 2024, the following assumptions must hold true:

• The value of 3 PLOUGH LANE has moved in line with the HPI for detached houses in the Southwark local authority area.
• The September 2013 sale price of £372,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PLOUGH LANE has not materially changed since September 2013.

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 houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 3 PLOUGH LANE lies on this distribution: 3% of detached houses 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.