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 ELMFIELD WAY is a small detached house of 116m², built sometime between 1950 and 1966. It was last sold for £365,000 in July 2006, which was around 11% below the average July 2006 detached price in the Croydon local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 7 ELMFIELD WAY since 1st 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. Two of the three 7 ELMFIELD WAY sales were for below the average price, whilst one was 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 |
---|---|---|---|
2006 14 JUL | £365,000 | £408,668 | 11% below HPI |
2001 22 JUN | £280,000 | £277,472 | 1% above HPI |
1998 20 OCT | £188,500 | £200,592 | 6% below HPI |
The below graph shows the average detached house price in the Croydon local authority area over time, sourced from the HPI. The three 7 ELMFIELD WAY sales between October 1998 and July 2006 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 June 2001 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2006 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
7 ELMFIELD WAY is 116m² according to the EPC inspection conducted in June 2021. 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 7 ELMFIELD WAY lies on this distribution: 31% of detached houses are smaller than 7 ELMFIELD WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in London.
7 ELMFIELD WAY sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of 7 ELMFIELD WAY, 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 ELMFIELD WAY). 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.
7 ELMFIELD WAY is located in SOUTH CROYDON, in the CR2 postcode district. The below map shows the position of No. 7 on ELMFIELD WAY.