10, REDSTART CLOSE, LONDON, SE14 6DE - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 REDSTART CLOSE is a very small terraced house of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £548,159. It was last sold for £250,000 in May 2012, which was around 10% below the average May 2012 terraced price in the Lewisham local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

10 REDSTART CLOSE Sold Prices

Land registry data shows five sales for 10 REDSTART CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Lewisham local authority area for the corresponding sale date. Most of the five 10 REDSTART CLOSE 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
2012 25 MAY	£250,000	£278,751	10% below HPI
2006 20 NOV	£220,000	£238,605	8% below HPI
2002 27 MAY	£159,000	£151,563	5% above HPI
1999 26 AUG	£88,000	£99,299	11% below HPI
1997 24 JAN	£60,000	£70,131	14% below HPI

10 REDSTART CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lewisham local authority area over time, sourced from the HPI. The five 10 REDSTART CLOSE sales between January 1997 and May 2012 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 November 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2012 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 10 REDSTART CLOSE be worth now?

10 REDSTART CLOSE might now be worth an estimated £548,159.

This is based on house price inflation of 119.3%, between May 2012 and May 2026, for terraced houses, in the Lewisham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 119.3% inflationary increase is applied to the most recent sale price for 10 REDSTART CLOSE of £250,000 on 25th May 2012. For the value to have increased from £250,000 to £548,159 over the fourteen years to May 2026, the following assumptions must hold true:

• The value of 10 REDSTART CLOSE has moved in line with the HPI for terraced houses in the Lewisham local authority area.
• The May 2012 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 10 REDSTART CLOSE has not materially changed since May 2012.

How Large is 10 REDSTART CLOSE?

10 REDSTART CLOSE is 54m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of terraced houses houses in London, based on EPC data. The below chart shows the distribution of terraced houses houses by size in London, and where 10 REDSTART CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 10 REDSTART CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in London.

10 REDSTART CLOSE: Plot and Title Map

10 REDSTART CLOSE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 10 REDSTART CLOSE, 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 10 REDSTART CLOSE). 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 10 REDSTART CLOSE?

10 REDSTART CLOSE is located in LONDON, in the SE14 postcode district. The below map shows the position of No. 10 on REDSTART CLOSE.