4, CONSTITUTION RISE, LONDON, SE18 3RW - £385,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 CONSTITUTION RISE is a very small extended detached house of 79m², built sometime between 1930 and 1949. It was last sold for £385,000 in November 2018, which was around 52% below the average November 2018 detached price in the Greenwich local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

4 CONSTITUTION RISE Sold Prices

Land registry data shows two sales for 4 CONSTITUTION RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Greenwich local authority area for the corresponding sale date. Both of the two 4 CONSTITUTION RISE 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
2018 26 NOV	£385,000	£803,515	52% below HPI
2012 25 JAN	£185,000	£460,349	60% below HPI

4 CONSTITUTION RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Greenwich local authority area over time, sourced from the HPI. The two 4 CONSTITUTION RISE sales from January 2012 and November 2018 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 January 2012 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the November 2018 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 4 CONSTITUTION RISE?

4 CONSTITUTION RISE is 79m², which includes one extension, according to the EPC inspection conducted in July 2012. 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 4 CONSTITUTION RISE lies on this distribution: 7% of detached houses are smaller than 4 CONSTITUTION RISE, and 93% of houses are larger. Note that EPC data is not available for all properties in London.

4 CONSTITUTION RISE: Plot and Title Map

4 CONSTITUTION RISE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 4 CONSTITUTION RISE, 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 4 CONSTITUTION RISE). 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 4 CONSTITUTION RISE?

4 CONSTITUTION RISE is located in LONDON, in the SE18 postcode district. The below map shows the position of No. 4 on CONSTITUTION RISE.