2, DRAX AVENUE, LONDON, SW20 0EH - £6,000,000

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.

2 DRAX AVENUE is a very large extended detached house of 548m², built sometime between 1930 and 1949, which could now be worth an estimated £6,730,197. It was last sold for £6,000,000 in September 2018, which was around 206% above the average September 2018 detached price in the Merton local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

2 DRAX AVENUE Sold Prices

Land registry data shows three sales for 2 DRAX 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 2 DRAX AVENUE 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
2018 12 SEP	£6,000,000	£1,960,650	206% above HPI
2001 19 MAR	£3,500,000	£609,843	474% above HPI
1995 18 JUL	£1,020,000	£289,196	253% above HPI

2 DRAX 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 2 DRAX AVENUE sales between July 1995 and September 2018 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 March 2001 sale was for 474% above the HPI. So the extrapolation line tracks at 474% above the HPI over time, until the September 2018 sale, where it falls to 206% above the HPI. The line then continues to track at 206% above the HPI.

What might 2 DRAX AVENUE be worth now?

2 DRAX AVENUE might now be worth an estimated £6,730,197.

This is based on house price inflation of 12.2%, between September 2018 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 12.2% inflationary increase is applied to the most recent sale price for 2 DRAX AVENUE of £6,000,000 on 12th September 2018. For the value to have increased from £6,000,000 to £6,730,197 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 DRAX AVENUE has moved in line with the HPI for detached houses in the Merton local authority area.
• The September 2018 sale price of £6,000,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DRAX AVENUE has not materially changed since September 2018.

How Large is 2 DRAX AVENUE?

2 DRAX AVENUE is 548m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 10% 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 2 DRAX AVENUE lies on this distribution: 99% of detached houses houses are smaller than 2 DRAX AVENUE, and 1% of houses are larger. Note that EPC data is not available for all properties in London.

2 DRAX AVENUE: Plot and Title Map

2 DRAX AVENUE sits on a plot of roughly 0.573 of an acre, or 2,319m². The below map shows the location of 2 DRAX 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 2 DRAX 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 2 DRAX AVENUE?

2 DRAX AVENUE is located in LONDON, in the SW20 postcode district. The below map shows the position of No. 2 on DRAX AVENUE.