2, PADDOCK CLOSE, LONDON, SE26 4SS - £473,000

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 PADDOCK CLOSE is a very small terraced house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £572,913. It was last sold for £473,000 in June 2018, which was around 5% below the average June 2018 terraced price in the Lewisham local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

2 PADDOCK CLOSE Sold Prices

Land registry data shows two sales for 2 PADDOCK 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 Lewisham local authority area for the corresponding sale date. One of the two 2 PADDOCK CLOSE sales was for below the average price, whilst the other was 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
2018 1 JUN	£473,000	£497,207	5% below HPI
2000 7 APR	£124,950	£119,123	5% above HPI

2 PADDOCK 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 two 2 PADDOCK CLOSE sales from April 2000 and June 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 April 2000 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2018 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 PADDOCK CLOSE be worth now?

2 PADDOCK CLOSE might now be worth an estimated £572,913.

This is based on house price inflation of 21.1%, between June 2018 and April 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 21.1% inflationary increase is applied to the most recent sale price for 2 PADDOCK CLOSE of £473,000 on 1st June 2018. For the value to have increased from £473,000 to £572,913 over the eight years and two months to April 2026, the following assumptions must hold true:

• The value of 2 PADDOCK CLOSE has moved in line with the HPI for terraced houses in the Lewisham local authority area.
• The June 2018 sale price of £473,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PADDOCK CLOSE has not materially changed since June 2018.

How Large is 2 PADDOCK CLOSE?

2 PADDOCK CLOSE is 83m² according to the EPC inspection conducted in June 2009. 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 PADDOCK CLOSE lies on this distribution: 9% of terraced houses houses are smaller than 2 PADDOCK CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in London.

2 PADDOCK CLOSE: Plot and Title Map

2 PADDOCK CLOSE sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 2 PADDOCK 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 PADDOCK 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 PADDOCK CLOSE?

2 PADDOCK CLOSE is located in LONDON, in the SE26 postcode district. The below map shows the position of No. 2 on PADDOCK CLOSE.