51, RINGMORE RISE, LONDON, SE23 3DE - £580,000

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

51 RINGMORE RISE is a small extended detached house of 117m², built sometime between 1930 and 1949. It was last sold for £580,000 in January 2013, which was around 23% above the average January 2013 detached price in the Lewisham local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

51 RINGMORE RISE Sold Prices

Land registry data shows four sales for 51 RINGMORE RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lewisham local authority area for the corresponding sale date. Most of the four 51 RINGMORE RISE 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
2013 4 JAN	£580,000	£469,746	23% above HPI
2003 26 SEP	£345,000	£334,270	3% above HPI
2000 27 APR	£247,499	£215,411	15% above HPI
1995 25 JUL	£82,000	£119,062	31% below HPI

51 RINGMORE RISE 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 four 51 RINGMORE RISE sales between July 1995 and January 2013 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 September 2003 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2013 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 51 RINGMORE RISE?

51 RINGMORE RISE is 117m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the smallest 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 51 RINGMORE RISE lies on this distribution: 32% of detached houses are smaller than 51 RINGMORE RISE, and 68% of houses are larger. Note that EPC data is not available for all properties in London.

51 RINGMORE RISE: Plot and Title Map

51 RINGMORE RISE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 51 RINGMORE 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 51 RINGMORE 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 51 RINGMORE RISE?

51 RINGMORE RISE is located in LONDON, in the SE23 postcode district. The below map shows the position of No. 51 on RINGMORE RISE.