3, IRIS CLOSE, CROYDON, CR0 8XW - £720,000

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.

3 IRIS CLOSE is a small semi-detached house of 109m², built sometime between 1983 and 1990, which could now be worth an estimated £766,721. It was last sold for £720,000 in September 2020, which was around 42% above the average September 2020 semi-detached price in the Croydon local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

3 IRIS CLOSE Sold Prices

Land registry data shows three sales for 3 IRIS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Croydon local authority area for the corresponding sale date. All of the three 3 IRIS CLOSE 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
2020 11 SEP	£720,000	£508,685	42% above HPI
2006 26 MAY	£327,675	£261,054	26% above HPI
1999 31 AUG	£184,950	£127,291	45% above HPI

3 IRIS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Croydon local authority area over time, sourced from the HPI. The three 3 IRIS CLOSE sales between August 1999 and September 2020 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 May 2006 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2020 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 3 IRIS CLOSE be worth now?

3 IRIS CLOSE might now be worth an estimated £766,721.

This is based on house price inflation of 6.5%, between September 2020 and July 2025, for semi-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 6.5% inflationary increase is applied to the most recent sale price for 3 IRIS CLOSE of £720,000 on 11th September 2020. For the value to have increased from £720,000 to £766,721 over the five years and two months to July 2025, the following assumptions must hold true:

• The value of 3 IRIS CLOSE has moved in line with the HPI for semi-detached houses in the Croydon local authority area.
• The September 2020 sale price of £720,000 represented a fair market value for the property.
• The size, condition, and specification of 3 IRIS CLOSE has not materially changed since September 2020.

How Large is 3 IRIS CLOSE?

3 IRIS CLOSE is 109m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of semi-detached houses houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in London, and where 3 IRIS CLOSE lies on this distribution: 26% of semi-detached houses houses are smaller than 3 IRIS CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in London.

3 IRIS CLOSE: Plot and Title Map

3 IRIS CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 3 IRIS 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 3 IRIS 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 3 IRIS CLOSE?

3 IRIS CLOSE is located in CROYDON, in the CR0 postcode district. The below map shows the position of No. 3 on IRIS CLOSE.