7, BALFONT CLOSE, SOUTH CROYDON, CR2 9LL - £570,000

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

7 BALFONT CLOSE is a small extended detached house of 110m², built sometime between 1967 and 1975. It was last sold for £570,000 in December 2018, which was around 24% below the average December 2018 detached price in the Croydon local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

7 BALFONT CLOSE Sold Prices

Land registry data shows two sales for 7 BALFONT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Croydon local authority area for the corresponding sale date. Both of the two 7 BALFONT CLOSE 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 7 DEC	£570,000	£753,730	24% below HPI
2010 6 DEC	£318,000	£442,238	28% below HPI

7 BALFONT CLOSE 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 two 7 BALFONT CLOSE sales from December 2010 and December 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 December 2010 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2018 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 7 BALFONT CLOSE?

7 BALFONT CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 7 BALFONT CLOSE lies on this distribution: 27% of detached houses are smaller than 7 BALFONT CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in London.

7 BALFONT CLOSE: Plot and Title Map

7 BALFONT CLOSE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 7 BALFONT CLOSE, 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 7 BALFONT CLOSE). 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 7 BALFONT CLOSE?

7 BALFONT CLOSE is located in SOUTH CROYDON, in the CR2 postcode district. The below map shows the position of No. 7 on BALFONT CLOSE.