8, GREYSTONE CLOSE, SOUTH CROYDON, CR2 8PP - £365,000

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.

8 GREYSTONE CLOSE is a very small detached house of 74m², built sometime between 1991 and 1995, which could now be worth an estimated £507,011. It was last sold for £365,000 in September 2014, which was around 41% below the average September 2014 detached price in the Croydon local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

8 GREYSTONE CLOSE Sold Prices

Land registry data shows three sales for 8 GREYSTONE CLOSE since 1^st 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 8 GREYSTONE 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
2014 12 SEP	£365,000	£619,297	41% below HPI
2006 8 MAY	£280,000	£418,399	33% below HPI
2004 20 FEB	£262,500	£399,905	34% below HPI

8 GREYSTONE CLOSE 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 three 8 GREYSTONE CLOSE sales between February 2004 and September 2014 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 May 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2014 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 8 GREYSTONE CLOSE be worth now?

8 GREYSTONE CLOSE might now be worth an estimated £507,011.

This is based on house price inflation of 38.9%, between September 2014 and February 2025, for detached houses, in the Croydon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.9% inflationary increase is applied to the most recent sale price for 8 GREYSTONE CLOSE of £365,000 on 12th September 2014. For the value to have increased from £365,000 to £507,011 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 GREYSTONE CLOSE has moved in line with the HPI for detached houses in the Croydon local authority area.
• The September 2014 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GREYSTONE CLOSE has not materially changed since September 2014.

How Large is 8 GREYSTONE CLOSE?

8 GREYSTONE CLOSE is 74m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% 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 8 GREYSTONE CLOSE lies on this distribution: 5% of detached houses houses are smaller than 8 GREYSTONE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in London.

8 GREYSTONE CLOSE: Plot and Title Map

8 GREYSTONE CLOSE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 8 GREYSTONE 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 GREYSTONE 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 GREYSTONE CLOSE?

8 GREYSTONE CLOSE is located in SOUTH CROYDON, in the CR2 postcode district. The below map shows the position of No. 8 on GREYSTONE CLOSE.