FIR TREES, OLD LODGE LANE, KENLEY, CR8 5EU - £560,000

FIR TREES is a small extended detached house of 126m², built sometime between 1950 and 1966. It was last sold for £560,000 in October 2015, which was around 16% below the average October 2015 detached price in the Croydon local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

FIR TREES Sold Prices

Land registry data shows two sales for FIR TREES 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. One of the two FIR TREES sales was for below the average price, whilst the other was 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
2015 16 OCT	£560,000	£665,668	16% below HPI
1998 30 NOV	£248,450	£201,101	24% above HPI

FIR TREES 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 FIR TREES sales from November 1998 and October 2015 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 1998 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the October 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is FIR TREES?

FIR TREES is 126m², which includes two extensions, according to the EPC inspection conducted in March 2015. 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 FIR TREES lies on this distribution: 39% of detached houses are smaller than FIR TREES, and 61% of houses are larger. Note that EPC data is not available for all properties in London.

FIR TREES: Plot and Title Map

FIR TREES sits on a plot of roughly 0.304 of an acre, or 1,230m². The below map shows the location of FIR TREES, 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 FIR TREES). 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 FIR TREES?

FIR TREES is located on OLD LODGE LANE in KENLEY, in the CR8 postcode district. The below map shows the position of FIR TREES on OLD LODGE LANE.