Flat 2, 172 Grove Lane, London, SE5 8BP is a leasehold flat built in 2012 onwards. The property offers approximately 635 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £491,358 , which equates to approximately £774 per square foot. It was last sold on 30 Sep 2024 for £480,000. Since then, the value has increased by £11,358, representing a 2.4% increase, or approximately 2.0% per year.

The current estimated value of £491,358 is:

  • 40.7% lower than the average property price on Grove Lane
  • 36.6% lower than the average in the SE5 8BP postcode area
  • and 43.9% lower than the average price for London as a whole

At the most recent EPC inspection on 16 November 2022, the property was recorded as owner-occupied.

View sold house prices in SE5 8BP

Building approximate location

About Property

Type
Flat
Built
2012 onwards
Interior Size
635 sq ft
Tenure
Leasehold
Price (estimate)
£491,358
Price Per sq ft (estimate)
£774
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 172 Grove Lane, London, Southwark, Greater London, SE5 8BP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Nov 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, 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 2 Apr 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 2.4%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from average thermal transmittance = 0.29 w/m?k to cavity wall, as built, insulated (assumed), with no change in energy efficiency (very good).
  • The windows were upgraded from multiple glazing throughout to fully double glazed.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE5 8BP

18 th / 24
Price Rank
37% lower than average
10 th / 11
Size Rank
34% smaller than average
3 rd / 11
Price Per Sq FT Rank
4% lower than average

Compared to other properties in SE5 8BP , this flat's estimated value ranks 18th out of 24. Based on price per square foot, it ranks 3rd out of 11 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 10th out of 11 properties in its postcode area.

Sale History

Today
£491,358
streetscan.co.uk estimate
+2 %
30 Sep 2024
£480,000
Leasehold
+1.1 %
19 Jun 2015
£475,000
Leasehold
+26.7 %
11 Nov 2011
£375,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 12, Hull Court Grove Lane, London, SE5 8SL
rooms: 3
size: 657 sq ft
sale price: £400,000
sale date: 17 Nov 2023
100A Grove Lane, London, SE5 8BJ
rooms: 2
size: 646 sq ft
sale price: £418,000
sale date: 16 Aug 2023
103A Grove Lane, London, SE5 8BG
rooms: 2
size: 592 sq ft
sale price: £495,000
sale date: 18 Oct 2019
Flat 8, Hull Court Grove Lane, London, SE5 8SL
rooms: 3
size: 667 sq ft
sale price: £440,000
sale date: 31 Aug 2018
Flat 3, Karen Court Grove Lane, London, SE5 8DA
rooms: 3
size: 610 sq ft
sale price: £370,000
sale date: 25 Sep 2017

Data Sources

The property at Flat 2, 172 Grove Lane, London, SE5 8BP appears three times in the Land Registry records, with the latest transaction recorded on 30 Sep 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Nov 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.


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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