124, PARK LANE, WALLINGTON, SM6 0TL - £685,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

124 PARK LANE is a small extended detached house of 111m², built sometime between 1930 and 1949. It was last sold for £685,000 in March 2024, which was around 32% below the average March 2024 detached price in the Sutton local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

124 PARK LANE Sold Prices

Land registry data shows two sales for 124 PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sutton local authority area for the corresponding sale date. Both of the two 124 PARK LANE 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
2024 8 MAR	£685,000	£1,008,307	32% below HPI
2015 24 APR	£403,700	£710,118	43% below HPI

124 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sutton local authority area over time, sourced from the HPI. The two 124 PARK LANE sales from April 2015 and March 2024 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 April 2015 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2024 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 124 PARK LANE?

124 PARK LANE is 111m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 30% of detached houses in Wallington, based on EPC data. The below chart shows the distribution of detached houses by size in Wallington, and where 124 PARK LANE lies on this distribution: 23% of detached houses are smaller than 124 PARK LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Wallington.

124 PARK LANE: Plot and Title Map

124 PARK LANE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 124 PARK LANE, 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 124 PARK LANE). 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 124 PARK LANE?

124 PARK LANE is located in WALLINGTON, in the SM6 postcode district. The below map shows the position of No. 124 on PARK LANE.