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
2 ERNLE ROAD is a very large extended detached house of 318m², built sometime between 1900 and 1929. It was last sold for £2,925,000 in November 2020, which was around 85% above the average November 2020 detached price in the Merton local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 2 ERNLE ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Merton local authority area for the corresponding sale date. All of the four 2 ERNLE ROAD 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 |
---|---|---|---|
2020 13 NOV | £2,925,000 | £1,581,259 | 85% above HPI |
2008 9 DEC | £1,650,000 | £726,245 | 127% above HPI |
2001 2 MAR | £1,225,000 | £463,613 | 164% above HPI |
1996 28 AUG | £455,000 | £226,644 | 101% above HPI |
The below graph shows the average detached house price in the Merton local authority area over time, sourced from the HPI. The four 2 ERNLE ROAD sales between August 1996 and November 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 December 2008 sale was for 127% above the HPI. So the extrapolation line tracks at 127% above the HPI over time, until the November 2020 sale, where it falls to 85% above the HPI. The line then continues to track at 85% above the HPI.
2 ERNLE ROAD is 318m², which includes three extensions, according to the EPC inspection conducted in February 2017. This puts it in the largest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 2 ERNLE ROAD lies on this distribution: 93% of detached houses are smaller than 2 ERNLE ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in London.
2 ERNLE ROAD sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of 2 ERNLE 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 2 ERNLE 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.
2 ERNLE ROAD is located in LONDON, in the SW20 postcode district. The below map shows the position of No. 2 on ERNLE ROAD.