7, MINSTER DRIVE, CROYDON, CR0 5UP - £610,000

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 MINSTER DRIVE is a very small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £610,000 in May 2016, which was around 15% below the average May 2016 detached price in the Croydon local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

7 MINSTER DRIVE Sold Prices

Land registry data shows two sales for 7 MINSTER DRIVE 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 MINSTER DRIVE 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
2016 6 MAY	£610,000	£718,355	15% below HPI
2015 16 JUN	£485,000	£612,376	21% below HPI

7 MINSTER DRIVE 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 MINSTER DRIVE sales from June 2015 and May 2016 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 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2016 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 MINSTER DRIVE?

7 MINSTER DRIVE is 81m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses in Croydon, based on EPC data. The below chart shows the distribution of detached houses by size in Croydon, and where 7 MINSTER DRIVE lies on this distribution: 6% of detached houses are smaller than 7 MINSTER DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Croydon.

7 MINSTER DRIVE: Plot and Title Map

7 MINSTER DRIVE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 7 MINSTER DRIVE, 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 MINSTER DRIVE). 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 MINSTER DRIVE?

7 MINSTER DRIVE is located in CROYDON, in the CR0 postcode district. The below map shows the position of No. 7 on MINSTER DRIVE.