THE ELMS, FOREST HILL ROAD, LONDON, SE22 0SH - £265,000

THE ELMS is a very large detached house of 321m², built sometime between 1996 and 2002. It was last sold for £265,000 in January 1999, which was around 19% below the average January 1999 detached price in the Southwark local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

THE ELMS Sold Prices

Land registry data shows two sales for THE ELMS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Southwark local authority area for the corresponding sale date. Both of the two THE ELMS 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
1999 14 JAN	£265,000	£325,871	19% below HPI
1997 22 AUG	£249,000	£275,021	9% below HPI

THE ELMS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southwark local authority area over time, sourced from the HPI. The two THE ELMS sales from August 1997 and January 1999 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 August 1997 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 1999 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is THE ELMS?

THE ELMS is 321m² according to the EPC inspection conducted in June 2009. This puts it in the largest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where THE ELMS lies on this distribution: 93% of detached houses are smaller than THE ELMS, and 7% of houses are larger. Note that EPC data is not available for all properties in London.

THE ELMS: Plot and Title Map

THE ELMS sits on a plot of roughly 0.507 of an acre, or 2,053m². The below map shows the location of THE ELMS, 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 THE ELMS). 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 THE ELMS?

THE ELMS is located on FOREST HILL ROAD in LONDON, in the SE22 postcode district. The below map shows the position of THE ELMS on FOREST HILL ROAD.