Flat 3, 243 Southwark Park Road, Southwark, London, SE16 3TS

Flat 3 is a one-bedroom mid-terrace house in Southwark, London, London (SE16 3TS). It has a recorded floor area of 39 m² (around 420 sq ft), construction records dating it to 2003-2006 and council tax band C. At 39 m² this is the smallest unit on EPC record across the building (39–91 m²). The building's EPC ratings span D to C, with this unit at the top. The latest certificate (November 2024) shows a C (score 72). The rating has held steady at C across 2 certificates since July 2013. Between certificates, lighting went from Very Poor to Very Good. Main heating runs on electricity.

It hasn't traded since January 2008, a hold of 18 years that's notably long for the area. That sale landed at the peak of the pre-credit-crunch market, which is a useful reference point when interpreting the price. At 39 m² it sits well below the postcode median (61 m² across 8 EPCs), making it one of the more compact homes locally. Across 2005–2008, sale prices on this property compounded at 10.4% per year. Today's modelled estimate of £287,000 is 35.4% above the 2008 sale price. On a £-per-square-foot basis, the last sale (£505/sq ft) was about 32% above the typical sold price in the postcode.