1, THE DRIVE, LONDON, SW20 8TG - £4,480,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 THE DRIVE is a very large detached house of 565m², built sometime before 1900, which could now be worth an estimated £6,114,287. It was last sold for £4,480,000 in February 2015, which was around 178% above the average February 2015 detached price in the Merton local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was C.

1 THE DRIVE Sold Prices

Land registry data shows two sales for 1 THE DRIVE 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 THE DRIVE 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
2015 6 FEB	£4,480,000	£1,611,420	178% above HPI
2007 12 OCT	£4,050,000	£1,090,380	271% above HPI

1 THE DRIVE 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 THE DRIVE sales from October 2007 and February 2015 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 2007 sale was for 271% above the HPI. So the extrapolation line tracks at 271% above the HPI over time, until the February 2015 sale, where it falls to 178% above the HPI. The line then continues to track at 178% above the HPI.

What might 1 THE DRIVE be worth now?

1 THE DRIVE might now be worth an estimated £6,114,287.

This is based on house price inflation of 36.5%, between February 2015 and February 2025, for detached houses, in the Merton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.5% inflationary increase is applied to the most recent sale price for 1 THE DRIVE of £4,480,000 on 6th February 2015. For the value to have increased from £4,480,000 to £6,114,287 over the ten years to February 2025, the following assumptions must hold true:

• The value of 1 THE DRIVE has moved in line with the HPI for detached houses in the Merton local authority area.
• The February 2015 sale price of £4,480,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE DRIVE has not materially changed since February 2015.

How Large is 1 THE DRIVE?

1 THE DRIVE is 565m² according to the EPC inspection conducted in April 2013. This puts it in the largest 10% of detached houses houses in Wimbledon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wimbledon, and where 1 THE DRIVE lies on this distribution: 93% of detached houses houses are smaller than 1 THE DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Wimbledon.

1 THE DRIVE: Plot and Title Map

1 THE DRIVE sits on a plot of roughly 0.305 of an acre, or 1,236m². The below map shows the location of 1 THE DRIVE, 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 THE DRIVE). 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 THE DRIVE?

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