6, ELDER PLACE, SOUTH CROYDON, CR2 6FP - £590,000

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.

6 ELDER PLACE is a small detached house of 127m², which could now be worth an estimated £648,232. It was last sold for £590,000 in May 2019, which was around 25% below the average May 2019 detached price in the Croydon local authority area. The most recent EPC inspection was October 2012, where the current energy rating was B, and the potential energy rating was B.

6 ELDER PLACE Sold Prices

Land registry data shows three sales for 6 ELDER PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Croydon local authority area for the corresponding sale date. All of the three 6 ELDER PLACE 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
2019 28 MAY	£590,000	£782,970	25% below HPI
2015 2 MAR	£490,000	£623,416	21% below HPI
2013 12 APR	£390,000	£481,501	19% below HPI

6 ELDER PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Croydon local authority area over time, sourced from the HPI. The three 6 ELDER PLACE sales between April 2013 and May 2019 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 March 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 6 ELDER PLACE be worth now?

6 ELDER PLACE might now be worth an estimated £648,232.

This is based on house price inflation of 9.9%, between May 2019 and February 2025, for detached houses, in the Croydon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.9% inflationary increase is applied to the most recent sale price for 6 ELDER PLACE of £590,000 on 28th May 2019. For the value to have increased from £590,000 to £648,232 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 6 ELDER PLACE has moved in line with the HPI for detached houses in the Croydon local authority area.
• The May 2019 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 6 ELDER PLACE has not materially changed since May 2019.

How Large is 6 ELDER PLACE?

6 ELDER PLACE is 127m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 40% of detached houses houses in Croydon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Croydon, and where 6 ELDER PLACE lies on this distribution: 37% of detached houses houses are smaller than 6 ELDER PLACE, and 62% of houses are larger. Note that EPC data is not available for all properties in Croydon.

6 ELDER PLACE: Plot and Title Map

6 ELDER PLACE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 6 ELDER PLACE, 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 6 ELDER PLACE). 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 6 ELDER PLACE?

6 ELDER PLACE is located in SOUTH CROYDON, in the CR2 postcode district. The below map shows the position of No. 6 on ELDER PLACE.