29, ASHRIDGE WAY, MORDEN, SM4 4EF - £558,000

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

29 ASHRIDGE WAY is a small detached house of 88m², built sometime between 1930 and 1949. It was last sold for £558,000 in July 2016, which was around 61% below the average July 2016 detached price in the Merton local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

29 ASHRIDGE WAY Sold Prices

Land registry data shows three sales for 29 ASHRIDGE WAY 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 29 ASHRIDGE WAY 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
2016 19 JUL	£558,000	£1,418,003	61% below HPI
2004 10 AUG	£340,000	£623,177	45% below HPI
1995 25 AUG	£110,000	£218,984	50% below HPI

29 ASHRIDGE WAY 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 29 ASHRIDGE WAY sales between August 1995 and July 2016 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 August 2004 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2016 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is 29 ASHRIDGE WAY?

29 ASHRIDGE WAY is 88m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% of detached houses in Morden, based on EPC data. The below chart shows the distribution of detached houses by size in Morden, and where 29 ASHRIDGE WAY lies on this distribution: 34% of detached houses are smaller than 29 ASHRIDGE WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Morden.

29 ASHRIDGE WAY: Plot and Title Map

29 ASHRIDGE WAY sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 29 ASHRIDGE WAY, 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 29 ASHRIDGE WAY). 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 29 ASHRIDGE WAY?

29 ASHRIDGE WAY is located in MORDEN, in the SM4 postcode district. The below map shows the position of No. 29 on ASHRIDGE WAY.