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
4 ARRAS AVENUE is a small extended detached house of 115m², built sometime between 1930 and 1949. It was last sold for £535,000 in August 2014, which was around 58% below the average August 2014 detached price in the Merton local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was E.
Land registry data shows two sales for 4 ARRAS AVENUE since 1st 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 4 ARRAS 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 |
---|---|---|---|
2014 5 AUG | £535,000 | £1,278,145 | 58% below HPI |
2011 8 DEC | £345,000 | £864,533 | 60% below HPI |
The below graph shows the average detached house price in the Merton local authority area over time, sourced from the HPI. The two 4 ARRAS AVENUE sales from December 2011 and August 2014 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 2011 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the August 2014 sale, where it rises to 58% below the HPI. The line then continues to track at 58% below the HPI.
4 ARRAS AVENUE is 115m², which includes one extension, according to the EPC inspection conducted in April 2011. 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 4 ARRAS AVENUE lies on this distribution: 31% of detached houses are smaller than 4 ARRAS AVENUE, and 69% of houses are larger. Note that EPC data is not available for all properties in London.
4 ARRAS AVENUE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 4 ARRAS 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 4 ARRAS 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.
4 ARRAS AVENUE is located in MORDEN, in the SM4 postcode district. The below map shows the position of No. 4 on ARRAS AVENUE.