7, CHESEMAN STREET, LONDON, SE26 4RA - £705,000

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.

7 CHESEMAN STREET is a very small extended detached house of 85m², built sometime between 1930 and 1949, which could now be worth an estimated £718,729. It was last sold for £705,000 in April 2023, which was around 35% below the average April 2023 detached price in the Lewisham local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

7 CHESEMAN STREET Sold Prices

Land registry data shows four sales for 7 CHESEMAN STREET 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. All of the four 7 CHESEMAN STREET 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
2023 5 APR	£705,000	£1,086,580	35% below HPI
2012 27 JUL	£347,000	£538,411	36% below HPI
2004 6 AUG	£220,000	£398,633	45% below HPI
1996 10 JUL	£60,000	£141,468	58% below HPI

7 CHESEMAN STREET 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 7 CHESEMAN STREET sales between July 1996 and April 2023 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 July 2012 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2023 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 7 CHESEMAN STREET be worth now?

7 CHESEMAN STREET might now be worth an estimated £718,729.

This is based on house price inflation of 1.9%, between April 2023 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 1.9% inflationary increase is applied to the most recent sale price for 7 CHESEMAN STREET of £705,000 on 5th April 2023. For the value to have increased from £705,000 to £718,729 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 7 CHESEMAN STREET has moved in line with the HPI for detached houses in the Lewisham local authority area.
• The April 2023 sale price of £705,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHESEMAN STREET has not materially changed since April 2023.

How Large is 7 CHESEMAN STREET?

7 CHESEMAN STREET is 85m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% 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 7 CHESEMAN STREET lies on this distribution: 10% of detached houses houses are smaller than 7 CHESEMAN STREET, and 89% of houses are larger. Note that EPC data is not available for all properties in London.

7 CHESEMAN STREET: Plot and Title Map

7 CHESEMAN STREET sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 7 CHESEMAN STREET, 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 CHESEMAN STREET). 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 CHESEMAN STREET?

7 CHESEMAN STREET is located in LONDON, in the SE26 postcode district. The below map shows the position of No. 7 on CHESEMAN STREET.