11, WELLS CLOSE, SOUTH CROYDON, CR2 7ZQ - £535,000

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.

11 WELLS CLOSE is a small detached house of 129m², built sometime between 1996 and 2002, which could now be worth an estimated £581,438. It was last sold for £535,000 in October 2018, which was around 33% below the average October 2018 detached price in the Croydon local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

11 WELLS CLOSE Sold Prices

Land registry data shows two sales for 11 WELLS CLOSE 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 11 WELLS 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
2018 29 OCT	£535,000	£796,822	33% below HPI
2001 19 DEC	£289,995	£317,186	9% below HPI

11 WELLS CLOSE 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 11 WELLS CLOSE sales from December 2001 and October 2018 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 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2018 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 11 WELLS CLOSE be worth now?

11 WELLS CLOSE might now be worth an estimated £581,438.

This is based on house price inflation of 8.7%, between October 2018 and June 2025, for detached houses, in the Croydon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.7% inflationary increase is applied to the most recent sale price for 11 WELLS CLOSE of £535,000 on 29th October 2018. For the value to have increased from £535,000 to £581,438 over the seven years and four months to June 2025, the following assumptions must hold true:

• The value of 11 WELLS CLOSE has moved in line with the HPI for detached houses in the Croydon local authority area.
• The October 2018 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 11 WELLS CLOSE has not materially changed since October 2018.

How Large is 11 WELLS CLOSE?

11 WELLS CLOSE is 129m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 40% of detached houses houses in Croydon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Croydon, and where 11 WELLS CLOSE lies on this distribution: 39% of detached houses houses are smaller than 11 WELLS CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Croydon.

11 WELLS CLOSE: Plot and Title Map

11 WELLS CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 11 WELLS 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 11 WELLS 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 11 WELLS CLOSE?

11 WELLS CLOSE is located in SOUTH CROYDON, in the CR2 postcode district. The below map shows the position of No. 11 on WELLS CLOSE.