7, RINGMORE RISE, LONDON, SE23 3DF - £575,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 RINGMORE RISE is a midsized extended detached house of 141m², built sometime between 1930 and 1949, which could now be worth an estimated £1,408,625. It was last sold for £575,000 in August 2009, which was around 27% 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.

7 RINGMORE RISE Sold Prices

Land registry data shows two sales for 7 RINGMORE RISE since 1^st 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	£452,179	27% above HPI
2001 27 MAR	£278,000	£271,596	2% above HPI

7 RINGMORE RISE 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 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 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2009 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 7 RINGMORE RISE be worth now?

7 RINGMORE RISE might now be worth an estimated £1,408,625.

This is based on house price inflation of 145%, between August 2009 and February 2025, for detached houses, in the Lewisham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 145% inflationary increase is applied to the most recent sale price for 7 RINGMORE RISE of £575,000 on 20th August 2009. For the value to have increased from £575,000 to £1,408,625 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of 7 RINGMORE RISE has moved in line with the HPI for detached houses in the Lewisham local authority area.
• The August 2009 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 7 RINGMORE RISE has not materially changed since August 2009.

How Large is 7 RINGMORE RISE?

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 houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 7 RINGMORE RISE lies on this distribution: 48% of detached houses 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: Plot and Title Map

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.

Where is 7 RINGMORE RISE?

7 RINGMORE RISE is located in LONDON, in the SE23 postcode district. The below map shows the position of No. 7 on RINGMORE RISE.