3, CEMETERY LODGE COTTAGES, LOWER MORDEN LANE, MORDEN, SM4 4NU - £700,000

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

3 CEMETERY LODGE COTTAGES is a large extended detached house of 110m², built sometime before 1900. It was last sold for £700,000 in June 2021, which was around 53% below the average June 2021 detached price in the Merton local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was B.

3 CEMETERY LODGE COTTAGES Sold Prices

Land registry data shows four sales for 3 CEMETERY LODGE COTTAGES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Merton local authority area for the corresponding sale date. All of the four 3 CEMETERY LODGE COTTAGES 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 30 JUN	£700,000	£1,503,207	53% below HPI
2017 25 AUG	£655,000	£1,434,451	54% below HPI
2013 29 NOV	£590,000	£1,029,724	43% below HPI
2007 4 OCT	£440,000	£828,927	47% below HPI

3 CEMETERY LODGE COTTAGES 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 four 3 CEMETERY LODGE COTTAGES sales between October 2007 and June 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 August 2017 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the June 2021 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 3 CEMETERY LODGE COTTAGES?

3 CEMETERY LODGE COTTAGES is 110m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 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 3 CEMETERY LODGE COTTAGES lies on this distribution: 68% of detached houses are smaller than 3 CEMETERY LODGE COTTAGES, and 32% of houses are larger. Note that EPC data is not available for all properties in Morden.

3 CEMETERY LODGE COTTAGES: Plot and Title Map

3 CEMETERY LODGE COTTAGES sits on a plot of roughly 0.187 of an acre, or 756m². The below map shows the location of 3 CEMETERY LODGE COTTAGES, 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 3 CEMETERY LODGE COTTAGES). 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 3 CEMETERY LODGE COTTAGES?

3 CEMETERY LODGE COTTAGES is located on LOWER MORDEN LANE in MORDEN, in the SM4 postcode district. The below map shows the position of 3 CEMETERY LODGE COTTAGES on LOWER MORDEN LANE.