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
35 FLORENCE AVENUE is a small extended detached house of 118m², built sometime between 1900 and 1929. It was last sold for £575,000 in April 2022, which was around 65% below the average April 2022 detached price in the Merton local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 35 FLORENCE AVENUE since 1st 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 35 FLORENCE 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 |
---|---|---|---|
2022 19 APR | £575,000 | £1,623,860 | 65% below HPI |
2021 2 DEC | £756,000 | £1,679,030 | 55% below HPI |
2016 21 MAR | £615,000 | £1,412,050 | 56% below HPI |
The below graph shows the average detached house price in the Merton local authority area over time, sourced from the HPI. The three 35 FLORENCE AVENUE sales between March 2016 and April 2022 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 2021 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the April 2022 sale, where it falls to 65% below the HPI. The line then continues to track at 65% below the HPI.
35 FLORENCE AVENUE is 118m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 35 FLORENCE AVENUE lies on this distribution: 33% of detached houses are smaller than 35 FLORENCE AVENUE, and 67% of houses are larger. Note that EPC data is not available for all properties in London.
35 FLORENCE AVENUE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 35 FLORENCE 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 35 FLORENCE 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.
35 FLORENCE AVENUE is located in MORDEN, in the SM4 postcode district. The below map shows the position of No. 35 on FLORENCE AVENUE.