29, MILNER ROAD, MORDEN, SM4 6EN - £520,000

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 MILNER ROAD is a midsized extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £520,000 in March 2016, which was around 63% below the average March 2016 detached price in the Merton local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

29 MILNER ROAD Sold Prices

Land registry data shows two sales for 29 MILNER ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Merton local authority area for the corresponding sale date. Both of the two 29 MILNER ROAD 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 18 MAR	£520,000	£1,412,046	63% below HPI
2014 15 AUG	£340,000	£1,278,145	73% below HPI

29 MILNER 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 two 29 MILNER ROAD sales from August 2014 and March 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 2014 sale was for 73% below the HPI. So the extrapolation line tracks at 73% below the HPI over time, until the March 2016 sale, where it rises to 63% below the HPI. The line then continues to track at 63% below the HPI.

How Large is 29 MILNER ROAD?

29 MILNER ROAD is 92m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 50% 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 MILNER ROAD lies on this distribution: 41% of detached houses are smaller than 29 MILNER ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Morden.

29 MILNER ROAD: Plot and Title Map

29 MILNER ROAD sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 29 MILNER 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 29 MILNER 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 29 MILNER ROAD?

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