5, IRIS CLOSE, CROYDON, CR0 8XW - £567,500

5 IRIS CLOSE is a small extended detached house of 127m², built sometime between 1983 and 1990. It was last sold for £567,500 in February 2017, which was around 24% below the average February 2017 detached price in the Croydon local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

5 IRIS CLOSE Sold Prices

Land registry data shows two sales for 5 IRIS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Croydon local authority area for the corresponding sale date. Both of the two 5 IRIS 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
2017 24 FEB	£567,500	£750,235	24% below HPI
2003 7 NOV	£330,000	£388,840	15% below HPI

5 IRIS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Croydon local authority area over time, sourced from the HPI. The two 5 IRIS CLOSE sales from November 2003 and February 2017 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 November 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 5 IRIS CLOSE?

5 IRIS CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 5 IRIS CLOSE lies on this distribution: 39% of detached houses are smaller than 5 IRIS CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in London.

5 IRIS CLOSE: Plot and Title Map

5 IRIS CLOSE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 5 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 5 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 5 IRIS CLOSE?

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