Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
16 OAKWOOD ROAD is a midsized extended detached house of 131m², built sometime between 1950 and 1966. It was last sold for £739,000 in December 2011, which was around 15% below the average December 2011 detached price in the Merton local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 16 OAKWOOD ROAD since 1st 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. Two of the three 16 OAKWOOD ROAD sales were for below the average price, whilst one was 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 |
---|---|---|---|
2011 8 DEC | £739,000 | £864,533 | 15% below HPI |
2005 11 JAN | £635,000 | £612,137 | 4% above HPI |
2002 8 NOV | £375,000 | £575,781 | 35% below HPI |
The below graph shows the average detached house price in the Merton local authority area over time, sourced from the HPI. The three 16 OAKWOOD ROAD sales between November 2002 and December 2011 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 January 2005 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2011 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
16 OAKWOOD ROAD is 131m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 16 OAKWOOD ROAD lies on this distribution: 41% of detached houses are smaller than 16 OAKWOOD ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in London.
16 OAKWOOD ROAD sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 16 OAKWOOD 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 16 OAKWOOD 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.
16 OAKWOOD ROAD is located in LONDON, in the SW20 postcode district. The below map shows the position of No. 16 on OAKWOOD ROAD.