FLAT 3, 54, PARK ROAD, LONDON, SE25 6QZ - £245,000

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

FLAT 3 54 PARK ROAD is a very small detached house of 42m², built sometime between 1900 and 1929. It was last sold for £245,000 in October 2003, which was around 37% below the average October 2003 detached price in the Croydon local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was C.

FLAT 3 54 PARK ROAD Sold Prices

Land registry data shows two sales for FLAT 3 54 PARK ROAD 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. Both of the two FLAT 3 54 PARK ROAD 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
2003 14 OCT	£245,000	£386,677	37% below HPI
1998 8 DEC	£125,000	£200,363	38% below HPI

FLAT 3 54 PARK ROAD 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 FLAT 3 54 PARK ROAD sales from December 1998 and October 2003 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 December 1998 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2003 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is FLAT 3 54 PARK ROAD?

FLAT 3 54 PARK ROAD is 42m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where FLAT 3 54 PARK ROAD lies on this distribution: Less than 1% of detached houses are smaller than FLAT 3 54 PARK ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in London.

FLAT 3 54 PARK ROAD: Plot and Title Map

FLAT 3 54 PARK ROAD sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of FLAT 3 54 PARK 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 FLAT 3 54 PARK 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.

Where is FLAT 3 54 PARK ROAD?

FLAT 3, 54 PARK ROAD is located in LONDON, in the SE25 postcode district. The below map shows the position of No. 54 on PARK ROAD.