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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 CHESEMAN STREET is a very small extended detached house of 85m², built sometime between 1930 and 1949. It was last sold for £705,000 in April 2023, which was around 25% 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	£942,977	25% below HPI
2012 27 JUL	£347,000	£467,256	26% below HPI
2004 6 AUG	£220,000	£345,952	36% below HPI
1996 10 JUL	£60,000	£122,772	51% 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

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 in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 7 CHESEMAN STREET lies on this distribution: 10% of detached 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.