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 ORCHARD RISE is a very small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £535,000 in November 2019, which was around 30% below the average November 2019 detached price in the Croydon local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 7 ORCHARD RISE 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. All of the three 7 ORCHARD RISE 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 |
---|---|---|---|
2019 22 NOV | £535,000 | £765,048 | 30% below HPI |
2006 22 AUG | £277,500 | £413,927 | 33% below HPI |
1996 26 SEP | £115,000 | £152,807 | 25% 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 ORCHARD RISE sales between September 1996 and November 2019 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 August 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2019 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
7 ORCHARD RISE is 66m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% 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 ORCHARD RISE lies on this distribution: 3% of detached houses are smaller than 7 ORCHARD RISE, and 97% of houses are larger. Note that EPC data is not available for all properties in London.
7 ORCHARD RISE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 7 ORCHARD RISE, 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 ORCHARD RISE). 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 ORCHARD RISE is located in CROYDON, in the CR0 postcode district. The below map shows the position of No. 7 on ORCHARD RISE.