1, MERLING CLOSE, CHESSINGTON, KT9 2GB - £363,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MERLING CLOSE is a very small detached house of 74m², built sometime between 1991 and 1995. It was last sold for £363,000 in June 2008, which was around 41% below the average June 2008 detached price in the Kingston upon Thames local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

1 MERLING CLOSE Sold Prices

Land registry data shows four sales for 1 MERLING CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Kingston upon Thames local authority area for the corresponding sale date. All of the four 1 MERLING CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2008 19 JUN	£363,000	£615,948	41% below HPI
2003 30 OCT	£285,000	£449,638	37% below HPI
1999 15 SEP	£173,000	£281,838	39% below HPI
1995 10 NOV	£115,950	£169,074	31% below HPI

1 MERLING CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Kingston upon Thames local authority area over time, sourced from the HPI. The four 1 MERLING CLOSE sales between November 1995 and June 2008 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2003 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2008 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 1 MERLING CLOSE?

1 MERLING CLOSE is 74m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 1 MERLING CLOSE lies on this distribution: 5% of detached houses are smaller than 1 MERLING CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in London.

1 MERLING CLOSE: Plot and Title Map

1 MERLING CLOSE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 1 MERLING CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 MERLING CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 MERLING CLOSE?

1 MERLING CLOSE is located in CHESSINGTON, in the KT9 postcode district. The below map shows the position of No. 1 on MERLING CLOSE.