38, BALMORAL WAY, SUTTON, SM2 6PD - £675,000

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

38 BALMORAL WAY is a small detached house of 108m², built sometime between 1983 and 1990. It was last sold for £675,000 in March 2019, which was around 20% below the average March 2019 detached price in the Sutton local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

38 BALMORAL WAY Sold Prices

Land registry data shows four sales for 38 BALMORAL WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sutton local authority area for the corresponding sale date. Most of the four 38 BALMORAL WAY 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 15 MAR	£675,000	£848,729	20% below HPI
2009 25 NOV	£460,000	£486,444	5% below HPI
2000 14 DEC	£210,000	£319,856	34% below HPI
1996 8 MAY	£175,000	£163,270	7% above HPI

38 BALMORAL WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sutton local authority area over time, sourced from the HPI. The four 38 BALMORAL WAY sales between May 1996 and March 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 November 2009 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 38 BALMORAL WAY?

38 BALMORAL WAY is 108m² according to the EPC inspection conducted in May 2018. 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 38 BALMORAL WAY lies on this distribution: 25% of detached houses are smaller than 38 BALMORAL WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in London.

38 BALMORAL WAY: Plot and Title Map

38 BALMORAL WAY sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 38 BALMORAL WAY, 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 38 BALMORAL WAY). 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 38 BALMORAL WAY?

38 BALMORAL WAY is located in SUTTON, in the SM2 postcode district. The below map shows the position of No. 38 on BALMORAL WAY.