37, THE DRIVE, MORDEN, SM4 6DH - £300,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

37 THE DRIVE is a very large extended semi-detached house of 156m², built sometime between 1930 and 1949. It was last sold for £300,000 in February 2015, which was around 76% below the average February 2015 detached price in the Merton local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was C.

37 THE DRIVE Sold Prices

Land registry data shows two sales for 37 THE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Merton local authority area for the corresponding sale date. Both of the two 37 THE DRIVE 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
2015 16 FEB	£300,000	£1,225,030	76% below HPI
2007 19 OCT	£387,000	£828,927	53% below HPI

37 THE DRIVE 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 two 37 THE DRIVE sales from October 2007 and February 2015 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 October 2007 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the February 2015 sale, where it falls to 76% below the HPI. The line then continues to track at 76% below the HPI.

How Large is 37 THE DRIVE?

37 THE DRIVE is 156m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the largest 10% of detached houses in Morden, based on EPC data. The below chart shows the distribution of detached houses by size in Morden, and where 37 THE DRIVE lies on this distribution: 93% of detached houses are smaller than 37 THE DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Morden.

37 THE DRIVE: Plot and Title Map

37 THE DRIVE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 37 THE DRIVE, 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 THE DRIVE). 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 THE DRIVE?

37 THE DRIVE is located in MORDEN, in the SM4 postcode district. The below map shows the position of No. 37 on THE DRIVE.