38, ERNLE ROAD, LONDON, SW20 0HL - £2,925,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

38 ERNLE ROAD is a very large extended detached house of 324m², built sometime between 1900 and 1929. It was last sold for £2,925,000 in March 2016, which was around 107% above the average March 2016 detached price in the Merton local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

38 ERNLE ROAD Sold Prices

Land registry data shows two sales for 38 ERNLE ROAD 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 38 ERNLE ROAD sales were for above 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
2016 16 MAR	£2,925,000	£1,412,046	107% above HPI
1995 10 AUG	£457,000	£218,984	109% above HPI

38 ERNLE ROAD 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 38 ERNLE ROAD sales from August 1995 and March 2016 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 August 1995 sale was for 109% above the HPI. So the extrapolation line tracks at 109% above the HPI over time, until the March 2016 sale, where it falls to 107% above the HPI. The line then continues to track at 107% above the HPI.

How Large is 38 ERNLE ROAD?

38 ERNLE ROAD is 324m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 10% 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 ERNLE ROAD lies on this distribution: 93% of detached houses are smaller than 38 ERNLE ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in London.

38 ERNLE ROAD: Plot and Title Map

38 ERNLE ROAD sits on a plot of roughly 0.217 of an acre, or 878m². The below map shows the location of 38 ERNLE 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 38 ERNLE 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 38 ERNLE ROAD?

38 ERNLE ROAD is located in LONDON, in the SW20 postcode district. The below map shows the position of No. 38 on ERNLE ROAD.