5, WELLS CLOSE, SOUTH CROYDON, CR2 7ZQ - £375,000

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 WELLS CLOSE is a small extended terraced house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £717,509. It was last sold for £375,000 in October 2008, which was around 77% above the average October 2008 terraced price in the Croydon local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

5 WELLS CLOSE Sold Prices

Land registry data shows three sales for 5 WELLS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Croydon local authority area for the corresponding sale date. All of the three 5 WELLS 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
2008 16 OCT	£375,000	£211,723	77% above HPI
2004 22 APR	£307,000	£176,818	74% above HPI
2001 26 JAN	£250,000	£115,214	117% above HPI

5 WELLS 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 three 5 WELLS CLOSE sales between January 2001 and October 2008 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 2004 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the October 2008 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might 5 WELLS CLOSE be worth now?

5 WELLS CLOSE might now be worth an estimated £717,509.

This is based on house price inflation of 91.3%, between October 2008 and June 2025, 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 91.3% inflationary increase is applied to the most recent sale price for 5 WELLS CLOSE of £375,000 on 16th October 2008. For the value to have increased from £375,000 to £717,509 over the seventeen years and four months to June 2025, the following assumptions must hold true:

• The value of 5 WELLS CLOSE has moved in line with the HPI for terraced houses in the Croydon local authority area.
• The October 2008 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WELLS CLOSE has not materially changed since October 2008.

How Large is 5 WELLS CLOSE?

5 WELLS CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of terraced houses houses in Croydon, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Croydon, and where 5 WELLS CLOSE lies on this distribution: 30% of terraced houses houses are smaller than 5 WELLS CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Croydon.

5 WELLS CLOSE: Plot and Title Map

5 WELLS CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 5 WELLS 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 WELLS 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 WELLS CLOSE?

5 WELLS CLOSE is located in SOUTH CROYDON, in the CR2 postcode district. The below map shows the position of No. 5 on WELLS CLOSE.