297, SOUTH LANE, NEW MALDEN, KT3 5RR - £415,000

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

297 SOUTH LANE is a small extended detached house of 110m², built sometime between 1930 and 1949. It was last sold for £415,000 in June 2012, which was around 34% below the average June 2012 detached price in the Kingston upon Thames local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

297 SOUTH LANE Sold Prices

Land registry data shows two sales for 297 SOUTH LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Kingston upon Thames local authority area for the corresponding sale date. Both of the two 297 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
2012 26 JUN	£415,000	£630,938	34% below HPI
1998 4 DEC	£146,000	£245,515	41% below HPI

297 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 two 297 SOUTH LANE sales from December 1998 and June 2012 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 1998 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2012 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 297 SOUTH LANE?

297 SOUTH LANE is 110m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 297 SOUTH LANE lies on this distribution: 27% of detached houses are smaller than 297 SOUTH LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in London.

297 SOUTH LANE: Plot and Title Map

297 SOUTH LANE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 297 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 297 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 297 SOUTH LANE?

297 SOUTH LANE is located in NEW MALDEN, in the KT3 postcode district. The below map shows the position of No. 297 on SOUTH LANE.