40 Grovelands Close, London, SE5 8JN is a freehold semi-detached property built between 1967-1975. The property offers approximately 775 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £533,429 , which equates to approximately £688 per square foot. It was last sold on 31 Jan 2019 for £470,000. Since then, the value has increased by £63,429, representing a 13.5% increase, or approximately 2.0% per year.

The current estimated value of £533,429 is:

  • 35.2% higher than the average property price on Grovelands Close
  • 38.7% higher than the average in the SE5 8JN postcode area
  • and 39.1% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 23 December 2014, the property was recorded as owner-occupied.

View sold house prices in SE5 8JN

Building approximate location

About Property

Type
Semi-Detached House
Built
1967-1975
Interior Size
775 sq ft
Tenure
Freehold
Price (estimate)
£533,429
Price Per sq ft (estimate)
£688
Bedroom Count (estimate)
2 bedrooms

EPC Summary

40 Grovelands Close, London, Southwark, Greater London Authority, SE5 8JN has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 23 Dec 2014.

This property uses an electric boiler with radiators as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 22 Dec 2014, when the property was rated C. The current rating of E reflects a decline in energy efficiency of 48.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to boiler and radiators, electric, changing energy efficiency from very good to very poor.
  • The hot water energy efficiency changing from good to poor, while the system remained as from main system.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
From main system
Poor
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE5 8JN

2 nd / 47
Price Rank
39% higher than average
1 st / 38
Size Rank
49% bigger than average
22 nd / 38
Price Per Sq FT Rank
7% lower than average

Compared to other properties in SE5 8JN , this house's estimated value ranks 2nd out of 47. Based on price per square foot, it ranks 22th out of 38 properties. In terms of size, this home ranks 1st out of 38 properties in its postcode area.

Sale History

Today
£533,429
streetscan.co.uk estimate
+13 %
31 Jan 2019
£470,000
Leasehold
-2.1 %
30 Jun 2015
£480,000
Leasehold
+146.2 %
6 Feb 2003
£195,000
Leasehold
+31.8 %
12 Jun 2001
£147,900
Leasehold
+111.3 %
8 Jul 1997
£70,000
Leasehold

Area Insights

Nearby Properties

41 Grovelands Close, London, SE5 8JN
rooms: 3
size: 743 sq ft
sale price: £420,000
sale date: 29 Nov 2022
39 Grovelands Close, London, SE5 8JN
rooms: 3
size: 603 sq ft
sale price: £200,000
sale date: 22 Jul 2002
42 Grovelands Close, London, SE5 8JN
rooms: 3
size: 635 sq ft
sale price: £457,000
sale date: 21 Jan 2022
38 Grovelands Close, London, SE5 8JN
rooms: 3
size: 474 sq ft
sale price: £79,250
sale date: 18 Jun 1998
36 Grovelands Close, London, SE5 8JN
rooms: 2
size: 474 sq ft
sale price: £217,500
sale date: 27 Sep 2010

Data Sources

The property at 40 Grovelands Close, London, SE5 8JN appears five times in the Land Registry records, with the latest transaction recorded on 31 Jan 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Dec 2014. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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