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
32 LOVELACE ROAD is a large extended detached house of 173m², built sometime between 1950 and 1966. It was last sold for £1,610,500 in January 2023, which was around 25% above the average January 2023 detached price in the Lambeth local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 32 LOVELACE ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lambeth local authority area for the corresponding sale date. All of the three 32 LOVELACE ROAD 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 |
---|---|---|---|
2023 18 JAN | £1,610,500 | £1,284,327 | 25% above HPI |
2012 29 JUN | £1,000,000 | £707,190 | 41% above HPI |
2000 29 JUN | £370,000 | £322,285 | 15% above HPI |
The below graph shows the average detached house price in the Lambeth local authority area over time, sourced from the HPI. The three 32 LOVELACE ROAD sales between June 2000 and January 2023 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 June 2012 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the January 2023 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.
32 LOVELACE ROAD is 173m², which includes one extension, according to the EPC inspection conducted in October 2022. 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 32 LOVELACE ROAD lies on this distribution: 65% of detached houses are smaller than 32 LOVELACE ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in London.
32 LOVELACE ROAD sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 32 LOVELACE 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 32 LOVELACE 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.
32 LOVELACE ROAD is located in LONDON, in the SE21 postcode district. The below map shows the position of No. 32 on LOVELACE ROAD.