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 RINGMORE RISE is a midsized extended detached house of 141m², built sometime between 1930 and 1949. It was last sold for £575,000 in August 2009, which was around 47% above the average August 2009 detached price in the Lewisham local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 7 RINGMORE RISE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lewisham local authority area for the corresponding sale date. Both of the two 7 RINGMORE RISE sales were 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 |
---|---|---|---|
2009 20 AUG | £575,000 | £392,421 | 47% above HPI |
2001 27 MAR | £278,000 | £235,703 | 18% above HPI |
The below graph shows the average detached house price in the Lewisham local authority area over time, sourced from the HPI. The two 7 RINGMORE RISE sales from March 2001 and August 2009 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 March 2001 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2009 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.
7 RINGMORE RISE is 141m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 50% 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 RINGMORE RISE lies on this distribution: 48% of detached houses are smaller than 7 RINGMORE RISE, and 52% of houses are larger. Note that EPC data is not available for all properties in London.
7 RINGMORE RISE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 7 RINGMORE 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 RINGMORE 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 RINGMORE RISE is located in LONDON, in the SE23 postcode district. The below map shows the position of No. 7 on RINGMORE RISE.