5, FLAG CLOSE, CROYDON, CR0 8XT - £410,000

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.

5 FLAG CLOSE is a very small terraced house of 62m², built sometime between 1983 and 1990, which could now be worth an estimated £436,825. It was last sold for £410,000 in September 2021, which was around 8% above the average September 2021 terraced price in the Croydon local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

5 FLAG CLOSE Sold Prices

Land registry data shows four sales for 5 FLAG CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Croydon local authority area for the corresponding sale date. All of the four 5 FLAG 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
2021 17 SEP	£410,000	£378,484	8% above HPI
2006 23 JUN	£228,950	£195,660	17% above HPI
2005 27 JUN	£223,000	£188,439	18% above HPI
1999 10 SEP	£104,950	£91,267	15% above HPI

5 FLAG CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Croydon local authority area over time, sourced from the HPI. The four 5 FLAG CLOSE sales between September 1999 and September 2021 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 June 2006 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2021 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 5 FLAG CLOSE be worth now?

5 FLAG CLOSE might now be worth an estimated £436,825.

This is based on house price inflation of 6.5%, between September 2021 and April 2026, for terraced 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 5 FLAG CLOSE of £410,000 on 17th September 2021. For the value to have increased from £410,000 to £436,825 over the five years and five months to April 2026, the following assumptions must hold true:

• The value of 5 FLAG CLOSE has moved in line with the HPI for terraced houses in the Croydon local authority area.
• The September 2021 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FLAG CLOSE has not materially changed since September 2021.

How Large is 5 FLAG CLOSE?

5 FLAG CLOSE is 62m² according to the EPC inspection conducted in March 2021. 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 5 FLAG CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 5 FLAG CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in London.

5 FLAG CLOSE: Plot and Title Map

5 FLAG CLOSE sits on a plot of roughly 0.028 of an acre, or 114m². The below map shows the location of 5 FLAG 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 5 FLAG 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 5 FLAG CLOSE?

5 FLAG CLOSE is located in CROYDON, in the CR0 postcode district. The below map shows the position of No. 5 on FLAG CLOSE.