3, REED GARDENS, COULSDON, CR5 1FD - £590,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 REED GARDENS is a small detached house of 108m², which could now be worth an estimated £634,040. It was last sold for £590,000 in March 2020, which was around 26% below the average March 2020 detached price in the Croydon local authority area. The most recent EPC inspection was September 2019, where the current energy rating was B, and the potential energy rating was A.

3 REED GARDENS Sold Prices

Land registry data shows two sales for 3 REED GARDENS 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 REED GARDENS 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
2020 5 MAR	£590,000	£800,496	26% below HPI
2018 9 AUG	£85,000	£798,335	89% below HPI

3 REED GARDENS 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 REED GARDENS sales from August 2018 and March 2020 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 August 2018 sale was for 89% below the HPI. So the extrapolation line tracks at 89% below the HPI over time, until the March 2020 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 3 REED GARDENS be worth now?

3 REED GARDENS might now be worth an estimated £634,040.

This is based on house price inflation of 7.5%, between March 2020 and February 2025, for detached houses, in the Croydon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.5% inflationary increase is applied to the most recent sale price for 3 REED GARDENS of £590,000 on 5th March 2020. For the value to have increased from £590,000 to £634,040 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 3 REED GARDENS has moved in line with the HPI for detached houses in the Croydon local authority area.
• The March 2020 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 3 REED GARDENS has not materially changed since March 2020.

How Large is 3 REED GARDENS?

3 REED GARDENS is 108m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 30% of detached houses houses in Coulsdon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coulsdon, and where 3 REED GARDENS lies on this distribution: 22% of detached houses houses are smaller than 3 REED GARDENS, and 78% of houses are larger. Note that EPC data is not available for all properties in Coulsdon.

3 REED GARDENS: Plot and Title Map

3 REED GARDENS sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 3 REED GARDENS, 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 REED GARDENS). 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 REED GARDENS?

3 REED GARDENS is located in COULSDON, in the CR5 postcode district. The below map shows the position of No. 3 on REED GARDENS.