3, ROSE AVENUE, MORDEN, SM4 6DE - £475,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 ROSE AVENUE is a small extended detached house of 103m², built sometime between 1930 and 1949. It was last sold for £475,000 in December 2019, which was around 66% below the average December 2019 detached price in the Merton local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

3 ROSE AVENUE Sold Prices

Land registry data shows three sales for 3 ROSE AVENUE 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 3 ROSE AVENUE 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
2019 20 DEC	£475,000	£1,411,200	66% below HPI
2016 31 MAR	£456,100	£1,412,046	68% below HPI
2012 27 FEB	£222,500	£869,665	74% below HPI

3 ROSE AVENUE 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 3 ROSE AVENUE sales between February 2012 and December 2019 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 March 2016 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the December 2019 sale, where it rises to 66% below the HPI. The line then continues to track at 66% below the HPI.

How Large is 3 ROSE AVENUE?

3 ROSE AVENUE is 103m², which includes one extension, according to the EPC inspection conducted in May 2024. 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 3 ROSE AVENUE lies on this distribution: 22% of detached houses are smaller than 3 ROSE AVENUE, and 78% of houses are larger. Note that EPC data is not available for all properties in London.

3 ROSE AVENUE: Plot and Title Map

3 ROSE AVENUE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 3 ROSE AVENUE, 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 ROSE AVENUE). 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 ROSE AVENUE?

3 ROSE AVENUE is located in MORDEN, in the SM4 postcode district. The below map shows the position of No. 3 on ROSE AVENUE.