31, UNDERHILL ROAD, LONDON, SE22 0QZ - £1,500,000

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.

31 UNDERHILL ROAD is a large extended detached house of 200m², built sometime between 1930 and 1949, which could now be worth an estimated £1,536,006. It was last sold for £1,500,000 in February 2021, which was around 9% below the average February 2021 detached price in the Southwark local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

31 UNDERHILL ROAD Sold Prices

Land registry data shows three sales for 31 UNDERHILL ROAD 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 31 UNDERHILL 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
2021 10 FEB	£1,500,000	£1,654,740	9% below HPI
2005 25 OCT	£500,000	£654,874	24% below HPI
1996 19 APR	£134,000	£217,930	39% below HPI

31 UNDERHILL ROAD 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 31 UNDERHILL ROAD sales between April 1996 and February 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 October 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 31 UNDERHILL ROAD be worth now?

31 UNDERHILL ROAD might now be worth an estimated £1,536,006.

This is based on house price inflation of 2.4%, between February 2021 and March 2025, 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 2.4% inflationary increase is applied to the most recent sale price for 31 UNDERHILL ROAD of £1,500,000 on 10th February 2021. For the value to have increased from £1,500,000 to £1,536,006 over the three years and eleven months to March 2025, the following assumptions must hold true:

• The value of 31 UNDERHILL ROAD has moved in line with the HPI for detached houses in the Southwark local authority area.
• The February 2021 sale price of £1,500,000 represented a fair market value for the property.
• The size, condition, and specification of 31 UNDERHILL ROAD has not materially changed since February 2021.

How Large is 31 UNDERHILL ROAD?

31 UNDERHILL ROAD is 200m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 30% 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 31 UNDERHILL ROAD lies on this distribution: 74% of detached houses houses are smaller than 31 UNDERHILL ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in London.

31 UNDERHILL ROAD: Plot and Title Map

31 UNDERHILL ROAD sits on a plot of roughly 0.163 of an acre, or 659m². The below map shows the location of 31 UNDERHILL 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 31 UNDERHILL 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 31 UNDERHILL ROAD?

31 UNDERHILL ROAD is located in LONDON, in the SE22 postcode district. The below map shows the position of No. 31 on UNDERHILL ROAD.