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
81 PALACE ROAD is a very large extended detached house of 270m², built sometime before 1900. It was last sold for £1,050,000 in May 2013, which was around 42% above the average May 2013 detached price in the Lambeth local authority area. The most recent EPC inspection was January 2013, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 81 PALACE ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lambeth local authority area for the corresponding sale date. All of the three 81 PALACE ROAD 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 |
---|---|---|---|
2013 20 MAY | £1,050,000 | £739,217 | 42% above HPI |
2007 18 MAY | £890,000 | £570,103 | 56% above HPI |
1998 22 APR | £340,000 | £214,783 | 58% above HPI |
The below graph shows the average detached house price in the Lambeth local authority area over time, sourced from the HPI. The three 81 PALACE ROAD sales between April 1998 and May 2013 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 2007 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the May 2013 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.
81 PALACE ROAD is 270m², which includes two extensions, according to the EPC inspection conducted in January 2013. This puts it in the largest 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 81 PALACE ROAD lies on this distribution: 88% of detached houses are smaller than 81 PALACE ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in London.
81 PALACE ROAD sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 81 PALACE ROAD, 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 81 PALACE ROAD). 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.
81 PALACE ROAD is located in LONDON, in the SW2 postcode district. The below map shows the position of No. 81 on PALACE ROAD.