41, LE MAY AVENUE, LONDON, SE12 9SU - £745,000

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.

41 LE MAY AVENUE is a very small detached house of 69m², built sometime between 1900 and 1929, which could now be worth an estimated £850,395. It was last sold for £745,000 in July 2020, which was around 23% below the average July 2020 detached price in the Lewisham local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

41 LE MAY AVENUE Sold Prices

Land registry data shows two sales for 41 LE MAY AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lewisham local authority area for the corresponding sale date. Both of the two 41 LE MAY AVENUE 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 17 JUL	£745,000	£970,451	23% below HPI
2010 20 AUG	£202,000	£505,757	60% below HPI

41 LE MAY AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lewisham local authority area over time, sourced from the HPI. The two 41 LE MAY AVENUE sales from August 2010 and July 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 2010 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the July 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 41 LE MAY AVENUE be worth now?

41 LE MAY AVENUE might now be worth an estimated £850,395.

This is based on house price inflation of 14.1%, between July 2020 and February 2025, for detached houses, in the Lewisham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.1% inflationary increase is applied to the most recent sale price for 41 LE MAY AVENUE of £745,000 on 17th July 2020. For the value to have increased from £745,000 to £850,395 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 41 LE MAY AVENUE has moved in line with the HPI for detached houses in the Lewisham local authority area.
• The July 2020 sale price of £745,000 represented a fair market value for the property.
• The size, condition, and specification of 41 LE MAY AVENUE has not materially changed since July 2020.

How Large is 41 LE MAY AVENUE?

41 LE MAY AVENUE is 69m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% 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 41 LE MAY AVENUE lies on this distribution: 3% of detached houses houses are smaller than 41 LE MAY AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in London.

41 LE MAY AVENUE: Plot and Title Map

41 LE MAY AVENUE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 41 LE MAY AVENUE, 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 41 LE MAY AVENUE). 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 41 LE MAY AVENUE?

41 LE MAY AVENUE is located in LONDON, in the SE12 postcode district. The below map shows the position of No. 41 on LE MAY AVENUE.