8, BEDSER CLOSE, LONDON, SE11 5BE - £1,200,000

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

8 BEDSER CLOSE is a small extended detached house of 117m², built sometime between 1991 and 1995. It was last sold for £1,200,000 in October 2023, which was around 6% below the average October 2023 detached price in the Lambeth local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

8 BEDSER CLOSE Sold Prices

Land registry data shows two sales for 8 BEDSER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lambeth local authority area for the corresponding sale date. Both of the two 8 BEDSER CLOSE 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
2023 26 OCT	£1,200,000	£1,271,538	6% below HPI
1998 22 OCT	£195,000	£239,273	19% below HPI

8 BEDSER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lambeth local authority area over time, sourced from the HPI. The two 8 BEDSER CLOSE sales from October 1998 and October 2023 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 October 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2023 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 8 BEDSER CLOSE?

8 BEDSER CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in September 2022. 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 8 BEDSER CLOSE lies on this distribution: 32% of detached houses are smaller than 8 BEDSER CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in London.

8 BEDSER CLOSE: Plot and Title Map

8 BEDSER CLOSE sits on a plot of roughly 0.028 of an acre, or 114m². The below map shows the location of 8 BEDSER CLOSE, 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 8 BEDSER CLOSE). 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 8 BEDSER CLOSE?

8 BEDSER CLOSE is located in LONDON, in the SE11 postcode district. The below map shows the position of No. 8 on BEDSER CLOSE.