294, DEVONSHIRE ROAD, LONDON, SE23 3TH - £1,220,000

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.

294 DEVONSHIRE ROAD is a large terraced house of 200m², built sometime between 1900 and 1929, which could now be worth an estimated £1,295,437. It was last sold for £1,220,000 in August 2022, which was around 112% above the average August 2022 terraced price in the Lewisham local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

294 DEVONSHIRE ROAD Sold Prices

Land registry data shows two sales for 294 DEVONSHIRE ROAD 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. Both of the two 294 DEVONSHIRE ROAD sales were 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
2022 2 AUG	£1,220,000	£575,607	112% above HPI
2004 9 JAN	£295,000	£195,723	51% above HPI

294 DEVONSHIRE ROAD 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 294 DEVONSHIRE ROAD sales from January 2004 and August 2022 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 January 2004 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the August 2022 sale, where it rises to 112% above the HPI. The line then continues to track at 112% above the HPI.

What might 294 DEVONSHIRE ROAD be worth now?

294 DEVONSHIRE ROAD might now be worth an estimated £1,295,437.

This is based on house price inflation of 6.2%, between August 2022 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 6.2% inflationary increase is applied to the most recent sale price for 294 DEVONSHIRE ROAD of £1,220,000 on 2nd August 2022. For the value to have increased from £1,220,000 to £1,295,437 over the four years and three months to May 2026, the following assumptions must hold true:

• The value of 294 DEVONSHIRE ROAD has moved in line with the HPI for terraced houses in the Lewisham local authority area.
• The August 2022 sale price of £1,220,000 represented a fair market value for the property.
• The size, condition, and specification of 294 DEVONSHIRE ROAD has not materially changed since August 2022.

How Large is 294 DEVONSHIRE ROAD?

294 DEVONSHIRE ROAD is 200m² according to the EPC inspection conducted in April 2022. This puts it in the largest 30% 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 294 DEVONSHIRE ROAD lies on this distribution: 74% of terraced houses houses are smaller than 294 DEVONSHIRE ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in London.

294 DEVONSHIRE ROAD: Plot and Title Map

294 DEVONSHIRE ROAD sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 294 DEVONSHIRE ROAD, 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 294 DEVONSHIRE ROAD). 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 294 DEVONSHIRE ROAD?

294 DEVONSHIRE ROAD is located in LONDON, in the SE23 postcode district. The below map shows the position of No. 294 on DEVONSHIRE ROAD.