1, PRESTON ROAD, LONDON, SW20 0SS - £1,925,000

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 PRESTON ROAD is a very large extended detached house of 242m², built sometime between 1996 and 2002. It was last sold for £1,925,000 in March 2023, which was around 16% above the average March 2023 detached price in the Merton local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.

1 PRESTON ROAD Sold Prices

Land registry data shows two sales for 1 PRESTON ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Merton local authority area for the corresponding sale date. Both of the two 1 PRESTON ROAD sales were for above 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
2023 6 MAR	£1,925,000	£1,664,368	16% above HPI
2005 30 SEP	£810,000	£634,388	28% above HPI

1 PRESTON ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Merton local authority area over time, sourced from the HPI. The two 1 PRESTON ROAD sales from September 2005 and March 2023 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 September 2005 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the March 2023 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 1 PRESTON ROAD?

1 PRESTON ROAD is 242m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% 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 PRESTON ROAD lies on this distribution: 84% of detached houses are smaller than 1 PRESTON ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in London.

1 PRESTON ROAD: Plot and Title Map

1 PRESTON ROAD sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 1 PRESTON ROAD, 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 PRESTON ROAD). 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 PRESTON ROAD?

1 PRESTON ROAD is located in LONDON, in the SW20 postcode district. The below map shows the position of No. 1 on PRESTON ROAD.