THE CHIMES, BISHOPS WALK, CROYDON, CR0 5BA - £1,650,000

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

THE CHIMES is a very large extended detached house of 818m², built sometime between 1950 and 1966. It was last sold for £1,650,000 in March 2016, which was around 134% above the average March 2016 detached price in the Croydon local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was C.

THE CHIMES Sold Prices

Land registry data shows two sales for THE CHIMES 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 THE CHIMES 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
2016 31 MAR	£1,650,000	£704,707	134% above HPI
2006 30 AUG	£1,475,000	£413,927	256% above HPI

THE CHIMES 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 THE CHIMES sales from August 2006 and March 2016 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 August 2006 sale was for 256% above the HPI. So the extrapolation line tracks at 256% above the HPI over time, until the March 2016 sale, where it falls to 134% above the HPI. The line then continues to track at 134% above the HPI.

How Large is THE CHIMES?

THE CHIMES is 818m², which includes two extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 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 THE CHIMES lies on this distribution: More than 99% of detached houses are smaller than THE CHIMES, and less than 1% of houses are larger. Note that EPC data is not available for all properties in London.

THE CHIMES: Plot and Title Map

THE CHIMES sits on a plot of roughly 0.682 of an acre, or 2,761m². The below map shows the location of THE CHIMES, 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 THE CHIMES). 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 THE CHIMES?

THE CHIMES is located on BISHOPS WALK in CROYDON, in the CR0 postcode district. The below map shows the position of THE CHIMES on BISHOPS WALK.