7, 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.

7 WELLS CLOSE is a small terraced house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £729,763. It was last sold for £375,000 in February 2012, which was around 80% above the average February 2012 terraced price in the Croydon local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

7 WELLS CLOSE Sold Prices

Land registry data shows two sales for 7 WELLS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Croydon local authority area for the corresponding sale date. Both of the two 7 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
2012 10 FEB	£375,000	£208,168	80% above HPI
2000 1 DEC	£260,000	£113,509	129% above HPI

7 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 two 7 WELLS CLOSE sales from December 2000 and February 2012 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 December 2000 sale was for 129% above the HPI. So the extrapolation line tracks at 129% above the HPI over time, until the February 2012 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 7 WELLS CLOSE be worth now?

7 WELLS CLOSE might now be worth an estimated £729,763.

This is based on house price inflation of 94.6%, between February 2012 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 94.6% inflationary increase is applied to the most recent sale price for 7 WELLS CLOSE of £375,000 on 10th February 2012. For the value to have increased from £375,000 to £729,763 over the twelve years and eight months to June 2025, the following assumptions must hold true:

• The value of 7 WELLS CLOSE has moved in line with the HPI for terraced houses in the Croydon local authority area.
• The February 2012 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WELLS CLOSE has not materially changed since February 2012.

How Large is 7 WELLS CLOSE?

7 WELLS CLOSE is 111m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 30% 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 7 WELLS CLOSE lies on this distribution: 24% of terraced houses houses are smaller than 7 WELLS CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Croydon.

7 WELLS CLOSE: Plot and Title Map

7 WELLS CLOSE sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of 7 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 7 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 7 WELLS CLOSE?

7 WELLS CLOSE is located in SOUTH CROYDON, in the CR2 postcode district. The below map shows the position of No. 7 on WELLS CLOSE.