41 Grove Lane, London, SE5 8SP is a leasehold flat built between 1996-2002. The property offers approximately 926 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £464,175 , which equates to approximately £501 per square foot. It was last sold on 28 May 2003 for £195,000. Since then, the value has increased by £269,175, representing a 138.0% increase, or approximately 6.1% per year.

The current estimated value of £464,175 is:

  • 44.0% lower than the average property price on Grove Lane
  • 53.6% lower than the average in the SE5 8SP postcode area
  • and 47.0% lower than the average price for London as a whole

At the most recent EPC inspection on 21 July 2022, the property was recorded as rented.

View sold house prices in SE5 8SP

Building approximate location

About Property

Type
Terraced Maisonette
Built
1996-2002
Interior Size
926 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£464,175
Price Per sq ft (estimate)
£501
Bedroom Count (estimate)
3 bedrooms

EPC Summary

41 Grove Lane, London, Southwark, Greater London, SE5 8SP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 Jul 2022.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are single glazed.

The previous EPC assessment was conducted on 24 Jul 2012, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 4.5%.

Since the previous assessment, several changes were observed:

  • The heating system changed from boiler and radiators, mains gas to community scheme, with no change in energy efficiency (good).
  • The hot water system changed from from main system to community scheme, with no change in energy efficiency (good).
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to solid brick, as built, insulated (assumed), improving energy efficiency from very poor to good.
  • The lighting was updated from low energy lighting in 47% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE5 8SP

30 th / 35
Price Rank
54% lower than average
13 th / 24
Size Rank
16% smaller than average
23 rd / 24
Price Per Sq FT Rank
45% lower than average

Compared to other properties in SE5 8SP , this maisonette's estimated value ranks 30th out of 35. Based on price per square foot, it ranks 23th out of 24 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 13th out of 24 properties in its postcode area.

Sale History

Today
£464,175
streetscan.co.uk estimate
+138 %
28 May 2003
£195,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 958 sq ft
sale price: £300,000
sale date: 4 Mar 2003
rooms: 4
size: 829 sq ft
sale price: £225,000
sale date: 11 Apr 2002
rooms: 5
size: 1033 sq ft
sale price: £300,000
sale date: 21 Sep 2012
rooms: 5
size: 990 sq ft
sale price: £295,000
sale date: 23 Nov 2010
rooms: 5
size: 1012 sq ft
sale price: £285,000
sale date: 8 Feb 2008

Data Sources

The property at 41 Grove Lane, London, Southwark, Greater London, SE5 8SP appears once in the Land Registry records, with the transaction recorded on 28 May 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Jul 2022. 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.


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