16, LEONARD AVENUE, MORDEN, SM4 6DW - £555,000

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

16 LEONARD AVENUE is a small extended detached house of 83m², built sometime between 1930 and 1949. It was last sold for £555,000 in December 2020, which was around 65% below the average December 2020 detached price in the Merton local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was B.

16 LEONARD AVENUE Sold Prices

Land registry data shows three sales for 16 LEONARD 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. All of the three 16 LEONARD AVENUE 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
2020 21 DEC	£555,000	£1,587,033	65% below HPI
2009 11 MAY	£295,000	£690,377	57% below HPI
2002 31 MAY	£180,000	£521,497	65% below HPI

16 LEONARD 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 16 LEONARD AVENUE sales between May 2002 and December 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 May 2009 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the December 2020 sale, where it falls to 65% below the HPI. The line then continues to track at 65% below the HPI.

How Large is 16 LEONARD AVENUE?

16 LEONARD AVENUE is 83m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 30% of detached houses in Morden, based on EPC data. The below chart shows the distribution of detached houses by size in Morden, and where 16 LEONARD AVENUE lies on this distribution: 23% of detached houses are smaller than 16 LEONARD AVENUE, and 76% of houses are larger. Note that EPC data is not available for all properties in Morden.

16 LEONARD AVENUE: Plot and Title Map

16 LEONARD AVENUE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 16 LEONARD 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 16 LEONARD 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 16 LEONARD AVENUE?

16 LEONARD AVENUE is located in MORDEN, in the SM4 postcode district. The below map shows the position of No. 16 on LEONARD AVENUE.