33, SOMERFORD WAY, LONDON, SE16 6QN - £132,000

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

33 SOMERFORD WAY is a very small detached house of 68m², built sometime between 1976 and 1982. It was last sold for £132,000 in November 1998, which was around 59% below the average November 1998 detached price in the Southwark local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

33 SOMERFORD WAY Sold Prices

Land registry data shows two sales for 33 SOMERFORD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Southwark local authority area for the corresponding sale date. Both of the two 33 SOMERFORD WAY 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
1998 23 NOV	£132,000	£318,673	59% below HPI
1997 18 APR	£108,000	£242,416	55% below HPI

33 SOMERFORD WAY 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 two 33 SOMERFORD WAY sales from April 1997 and November 1998 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 April 1997 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the November 1998 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is 33 SOMERFORD WAY?

33 SOMERFORD WAY is 68m² according to the EPC inspection conducted in April 2019. 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 33 SOMERFORD WAY lies on this distribution: 3% of detached houses are smaller than 33 SOMERFORD WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in London.

33 SOMERFORD WAY: Plot and Title Map

33 SOMERFORD WAY sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 33 SOMERFORD WAY, 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 33 SOMERFORD WAY). 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 33 SOMERFORD WAY?

33 SOMERFORD WAY is located in LONDON, in the SE16 postcode district. The below map shows the position of No. 33 on SOMERFORD WAY.