37, MELFORD ROAD, LONDON, SE22 0AQ - £1,550,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

37 MELFORD ROAD is a large extended detached house of 167m², built sometime between 1900 and 1929, which could now be worth an estimated £1,483,492. It was last sold for £1,550,000 in June 2020, which was around 7% below the average June 2020 detached price in the Southwark local authority area. The most recent EPC inspection was March 2020, where the current energy rating was F, and the potential energy rating was D.

37 MELFORD ROAD Sold Prices

Land registry data shows three sales for 37 MELFORD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Southwark local authority area for the corresponding sale date. All of the three 37 MELFORD 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
2020 29 JUN	£1,550,000	£1,674,960	7% below HPI
2016 21 MAR	£1,400,000	£1,641,400	15% below HPI
1997 31 JAN	£130,000	£234,460	45% below HPI

37 MELFORD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southwark local authority area over time, sourced from the HPI. The three 37 MELFORD ROAD sales between January 1997 and June 2020 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 37 MELFORD ROAD be worth now?

37 MELFORD ROAD might now be worth an estimated £1,483,492.

This is based on house price deflation of 4.3%, between June 2020 and December 2024, for detached houses, in the Southwark local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.3% deflationary decrease is applied to the most recent sale price for 37 MELFORD ROAD of £1,550,000 on 29th June 2020. For the value to have decreased from £1,550,000 to £1,483,492 over the three years and six months to December 2024, the following assumptions must hold true:

• The value of 37 MELFORD ROAD has moved in line with the HPI for detached houses in the Southwark local authority area.
• The June 2020 sale price of £1,550,000 represented a fair market value for the property.
• The size, condition, and specification of 37 MELFORD ROAD has not materially changed since June 2020.

How Large is 37 MELFORD ROAD?

37 MELFORD ROAD is 167m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 40% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 37 MELFORD ROAD lies on this distribution: 62% of detached houses houses are smaller than 37 MELFORD ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in London.

37 MELFORD ROAD: Plot and Title Map

37 MELFORD ROAD sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 37 MELFORD 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 37 MELFORD 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 37 MELFORD ROAD?

37 MELFORD ROAD is located in LONDON, in the SE22 postcode district. The below map shows the position of No. 37 on MELFORD ROAD.