10, MELVILLE AVENUE, LONDON, SW20 0NS - £1,995,000

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.

10 MELVILLE AVENUE is a very large extended detached house of 241m², built sometime between 1950 and 1966, which could now be worth an estimated £2,216,123. It was last sold for £1,995,000 in July 2020, which was around 1% above the average July 2020 detached price in the Merton local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

10 MELVILLE AVENUE Sold Prices

Land registry data shows three sales for 10 MELVILLE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Merton local authority area for the corresponding sale date. One of the three 10 MELVILLE AVENUE sales was for above the average price, whilst two 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
2020 14 JUL	£1,995,000	£1,979,820	1% above HPI
2005 22 JUL	£740,000	£820,293	10% below HPI
1995 31 MAY	£267,000	£288,360	7% below HPI

10 MELVILLE AVENUE 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 three 10 MELVILLE AVENUE sales between May 1995 and July 2020 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 July 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2020 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 10 MELVILLE AVENUE be worth now?

10 MELVILLE AVENUE might now be worth an estimated £2,216,123.

This is based on house price inflation of 11.1%, between July 2020 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 11.1% inflationary increase is applied to the most recent sale price for 10 MELVILLE AVENUE of £1,995,000 on 14th July 2020. For the value to have increased from £1,995,000 to £2,216,123 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 10 MELVILLE AVENUE has moved in line with the HPI for detached houses in the Merton local authority area.
• The July 2020 sale price of £1,995,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MELVILLE AVENUE has not materially changed since July 2020.

How Large is 10 MELVILLE AVENUE?

10 MELVILLE AVENUE is 241m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 20% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 10 MELVILLE AVENUE lies on this distribution: 84% of detached houses houses are smaller than 10 MELVILLE AVENUE, and 16% of houses are larger. Note that EPC data is not available for all properties in London.

10 MELVILLE AVENUE: Plot and Title Map

10 MELVILLE AVENUE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 10 MELVILLE AVENUE, 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 10 MELVILLE AVENUE). 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 10 MELVILLE AVENUE?

10 MELVILLE AVENUE is located in LONDON, in the SW20 postcode district. The below map shows the position of No. 10 on MELVILLE AVENUE.