TWO TREES, HALIFAX STREET, LONDON, SE26 6JA - £715,000

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

TWO TREES is a small detached house of 102m², built sometime before 1900. It was last sold for £715,000 in November 2023, which was around 21% below the average November 2023 detached price in the Lewisham local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was B.

TWO TREES Sold Prices

Land registry data shows five sales for TWO TREES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lewisham local authority area for the corresponding sale date. All of the five TWO TREES 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
2023 20 NOV	£715,000	£907,517	21% below HPI
2015 1 MAY	£590,000	£671,966	12% below HPI
2007 9 FEB	£305,000	£399,132	24% below HPI
2000 9 NOV	£139,000	£237,785	42% below HPI
1999 2 DEC	£35,000	£191,888	82% below HPI

TWO TREES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lewisham local authority area over time, sourced from the HPI. The five TWO TREES sales between December 1999 and November 2023 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 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is TWO TREES?

TWO TREES is 102m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where TWO TREES lies on this distribution: 21% of detached houses are smaller than TWO TREES, and 78% of houses are larger. Note that EPC data is not available for all properties in London.

TWO TREES: Plot and Title Map

TWO TREES sits on a plot of roughly 0.026 of an acre, or 105m². The below map shows the location of TWO TREES, 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 TWO TREES). 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 TWO TREES?

TWO TREES is located on HALIFAX STREET in LONDON, in the SE26 postcode district. The below map shows the position of TWO TREES on HALIFAX STREET.