240, SOUTH LANE, NEW MALDEN, KT3 5RW - £610,000

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

240 SOUTH LANE is a midsized extended detached house of 131m², built sometime between 1930 and 1949. It was last sold for £610,000 in March 2021, which was around 39% below the average March 2021 detached price in the Kingston upon Thames local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

240 SOUTH LANE Sold Prices

Land registry data shows three sales for 240 SOUTH LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Kingston upon Thames local authority area for the corresponding sale date. All of the three 240 SOUTH LANE 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
2021 1 MAR	£610,000	£1,005,839	39% below HPI
2003 15 OCT	£249,000	£449,638	45% below HPI
1999 1 JUN	£167,000	£258,439	35% below HPI

240 SOUTH LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Kingston upon Thames local authority area over time, sourced from the HPI. The three 240 SOUTH LANE sales between June 1999 and March 2021 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 October 2003 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the March 2021 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 240 SOUTH LANE?

240 SOUTH LANE is 131m², which includes three extensions, according to the EPC inspection conducted in October 2018. 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 240 SOUTH LANE lies on this distribution: 41% of detached houses are smaller than 240 SOUTH LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in London.

240 SOUTH LANE: Plot and Title Map

240 SOUTH LANE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 240 SOUTH LANE, 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 240 SOUTH LANE). 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 240 SOUTH LANE?

240 SOUTH LANE is located in NEW MALDEN, in the KT3 postcode district. The below map shows the position of No. 240 on SOUTH LANE.