2, COPSE CLOSE, LONDON, SE7 7HD - £195,000

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.

2 COPSE CLOSE is a very small terraced house of 60m², built sometime between 1991 and 1995, which could now be worth an estimated £485,997. It was last sold for £195,000 in May 2006, which was around 11% below the average May 2006 terraced price in the Greenwich local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

2 COPSE CLOSE Sold Prices

Land registry data shows two sales for 2 COPSE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Greenwich local authority area for the corresponding sale date. Both of the two 2 COPSE 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
2006 4 MAY	£195,000	£218,901	11% below HPI
2003 14 MAR	£120,000	£177,763	32% below HPI

2 COPSE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Greenwich local authority area over time, sourced from the HPI. The two 2 COPSE CLOSE sales from March 2003 and May 2006 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 March 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2006 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 COPSE CLOSE be worth now?

2 COPSE CLOSE might now be worth an estimated £485,997.

This is based on house price inflation of 149.2%, between May 2006 and July 2026, for terraced houses, in the Greenwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 149.2% inflationary increase is applied to the most recent sale price for 2 COPSE CLOSE of £195,000 on 4th May 2006. For the value to have increased from £195,000 to £485,997 over the nineteen years and ten months to July 2026, the following assumptions must hold true:

• The value of 2 COPSE CLOSE has moved in line with the HPI for terraced houses in the Greenwich local authority area.
• The May 2006 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 2 COPSE CLOSE has not materially changed since May 2006.

How Large is 2 COPSE CLOSE?

2 COPSE CLOSE is 60m² according to the EPC inspection conducted in March 2016. 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 2 COPSE CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 2 COPSE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in London.

2 COPSE CLOSE: Plot and Title Map

2 COPSE CLOSE sits on a plot of roughly 0.025 of an acre, or 101m². The below map shows the location of 2 COPSE 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 2 COPSE 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 2 COPSE CLOSE?

2 COPSE CLOSE is located in LONDON, in the SE7 postcode district. The below map shows the position of No. 2 on COPSE CLOSE.