THE HOMESTEAD, OLD LODGE LANE, KENLEY, CR8 5EU - £465,000

THE HOMESTEAD is a large extended detached house of 165m², built sometime between 1950 and 1966. It was last sold for £465,000 in February 2010, which was around 6% above the average February 2010 detached price in the Croydon local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

THE HOMESTEAD Sold Prices

Land registry data shows two sales for THE HOMESTEAD 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 THE HOMESTEAD sales was for above the average price, whilst the other was 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
2010 17 FEB	£465,000	£438,328	6% above HPI
2005 8 APR	£382,500	£394,690	3% below HPI

THE HOMESTEAD 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 THE HOMESTEAD sales from April 2005 and February 2010 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 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2010 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is THE HOMESTEAD?

THE HOMESTEAD is 165m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the largest 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 THE HOMESTEAD lies on this distribution: 62% of detached houses are smaller than THE HOMESTEAD, and 38% of houses are larger. Note that EPC data is not available for all properties in London.

THE HOMESTEAD: Plot and Title Map

THE HOMESTEAD sits on a plot of roughly 0.286 of an acre, or 1,158m². The below map shows the location of THE HOMESTEAD, 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 HOMESTEAD). 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 HOMESTEAD?

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