Flat 2, 38 Snowsfields, Southwark, London, SE1 3SU

Flat 2 is a one-bedroom mid-terrace house in Southwark, London, London (SE1 3SU). It has a recorded floor area of 42 m² (around 452 sq ft), construction records dating it to 1900-1929 and council tax band C. At 42 m² this is the 6th smallest of 8 units on EPC record in the building, where floor areas span 32–63 m². The building's EPC ratings span D to C, with this unit at the bottom. The latest certificate (September 2019) shows a D (score 66), on the cusp of jumping into the C band. Earlier certificates rated it C (April 2009); the latest reading is one band lower. Between certificates, hot-water efficiency went from Good to Very Good. The recommended improvements would push it to C (score 75).

It hasn't traded since May 2004, a hold of 22 years that's notably long for the area. Across 2001–2004, sale prices on this property compounded at 6.7% per year. Today's modelled estimate of £418,000 sits 125.9% above the 2004 sale of £185,000. On a £-per-square-foot basis, the last sale (£409/sq ft) was about 42.8% below the postcode norm. At 42 m² it sits well below the postcode median (63 m² across 54 EPCs), making it one of the more compact homes locally. It lags the bulk of the postcode on energy efficiency (less efficient than 78% of similar EPCs).