24, EDWARD AVENUE, MORDEN, SM4 6EP - £565,000

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

24 EDWARD AVENUE is a very small detached house of 69m², built sometime from 2012 onwards. It was last sold for £565,000 in November 2023, which was around 66% below the average November 2023 detached price in the Merton local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

24 EDWARD AVENUE Sold Prices

Land registry data shows three sales for 24 EDWARD 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 24 EDWARD 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
2023 22 NOV	£565,000	£1,667,191	66% below HPI
2018 7 JUN	£450,000	£1,439,845	69% below HPI
2013 15 NOV	£355,000	£1,029,724	66% below HPI

24 EDWARD 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 24 EDWARD AVENUE sales between November 2013 and November 2023 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 June 2018 sale was for 69% below the HPI. So the extrapolation line tracks at 69% below the HPI over time, until the November 2023 sale, where it rises to 66% below the HPI. The line then continues to track at 66% below the HPI.

How Large is 24 EDWARD AVENUE?

24 EDWARD AVENUE is 69m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% of detached houses in Morden, based on EPC data. The below chart shows the distribution of detached houses by size in Morden, and where 24 EDWARD AVENUE lies on this distribution: 12% of detached houses are smaller than 24 EDWARD AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Morden.

24 EDWARD AVENUE: Plot and Title Map

24 EDWARD AVENUE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 24 EDWARD 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 24 EDWARD 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 24 EDWARD AVENUE?

24 EDWARD AVENUE is located in MORDEN, in the SM4 postcode district. The below map shows the position of No. 24 on EDWARD AVENUE.