8, THE TOWERS, KENLEY, CR8 5YL - £475,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 THE TOWERS is a very small extended detached house of 87m², built sometime between 1950 and 1966. It was last sold for £475,000 in February 2011, which was around 7% above the average February 2011 detached price in the Croydon local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

8 THE TOWERS Sold Prices

Land registry data shows two sales for 8 THE TOWERS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Croydon local authority area for the corresponding sale date. One of the two 8 THE TOWERS sales was for above the average price, whilst the other was 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
2011 24 FEB	£475,000	£444,364	7% above HPI
1998 30 JUL	£155,000	£191,169	19% below HPI

8 THE TOWERS 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 two 8 THE TOWERS sales from July 1998 and February 2011 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 July 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2011 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 8 THE TOWERS?

8 THE TOWERS is 87m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% 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 THE TOWERS lies on this distribution: 11% of detached houses are smaller than 8 THE TOWERS, and 89% of houses are larger. Note that EPC data is not available for all properties in London.

8 THE TOWERS: Plot and Title Map

8 THE TOWERS sits on a plot of roughly 0.229 of an acre, or 928m². The below map shows the location of 8 THE TOWERS, 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 THE TOWERS). 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 THE TOWERS?

8 THE TOWERS is located in KENLEY, in the CR8 postcode district. The below map shows the position of No. 8 on THE TOWERS.