7, MINSTER DRIVE, CROYDON, CR0 5UP - £610,000

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.

7 MINSTER DRIVE is a very small detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £705,815. It was last sold for £610,000 in May 2016, which was around 18% below the average May 2016 detached price in the Croydon local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

7 MINSTER DRIVE Sold Prices

Land registry data shows two sales for 7 MINSTER DRIVE 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 7 MINSTER DRIVE 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
2016 6 MAY	£610,000	£748,428	18% below HPI
2015 16 JUN	£485,000	£638,012	24% below HPI

7 MINSTER DRIVE 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 7 MINSTER DRIVE sales from June 2015 and May 2016 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 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2016 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 7 MINSTER DRIVE be worth now?

7 MINSTER DRIVE might now be worth an estimated £705,815.

This is based on house price inflation of 15.7%, between May 2016 and June 2025, for 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 15.7% inflationary increase is applied to the most recent sale price for 7 MINSTER DRIVE of £610,000 on 6th May 2016. For the value to have increased from £610,000 to £705,815 over the eight years and eleven months to June 2025, the following assumptions must hold true:

• The value of 7 MINSTER DRIVE has moved in line with the HPI for detached houses in the Croydon local authority area.
• The May 2016 sale price of £610,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MINSTER DRIVE has not materially changed since May 2016.

How Large is 7 MINSTER DRIVE?

7 MINSTER DRIVE is 81m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses houses in Croydon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Croydon, and where 7 MINSTER DRIVE lies on this distribution: 6% of detached houses houses are smaller than 7 MINSTER DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Croydon.

7 MINSTER DRIVE: Plot and Title Map

7 MINSTER DRIVE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 7 MINSTER DRIVE, 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 7 MINSTER DRIVE). 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 7 MINSTER DRIVE?

7 MINSTER DRIVE is located in CROYDON, in the CR0 postcode district. The below map shows the position of No. 7 on MINSTER DRIVE.