2, ERNLE ROAD, LONDON, SW20 0HJ - £2,925,000

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 ERNLE ROAD is a very large extended detached house of 318m², built sometime between 1900 and 1929, which could now be worth an estimated £3,092,695. It was last sold for £2,925,000 in November 2020, which was around 41% 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.

2 ERNLE ROAD Sold Prices

Land registry data shows four sales for 2 ERNLE ROAD since 1^st 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	£2,080,010	41% above HPI
2008 9 DEC	£1,650,000	£955,313	73% above HPI
2001 2 MAR	£1,225,000	£609,843	101% above HPI
1996 28 AUG	£455,000	£298,130	53% above HPI

2 ERNLE ROAD 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 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 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the November 2020 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 2 ERNLE ROAD be worth now?

2 ERNLE ROAD might now be worth an estimated £3,092,695.

This is based on house price inflation of 5.7%, between November 2020 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 5.7% inflationary increase is applied to the most recent sale price for 2 ERNLE ROAD of £2,925,000 on 13th November 2020. For the value to have increased from £2,925,000 to £3,092,695 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 ERNLE ROAD has moved in line with the HPI for detached houses in the Merton local authority area.
• The November 2020 sale price of £2,925,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ERNLE ROAD has not materially changed since November 2020.

How Large is 2 ERNLE ROAD?

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 houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 2 ERNLE ROAD lies on this distribution: 92% of detached houses 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: Plot and Title Map

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.

Where is 2 ERNLE ROAD?

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