4, LEONARD AVENUE, MORDEN, SM4 6DW - £225,000

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

4 LEONARD AVENUE is a very large extended detached house of 123m², built sometime between 1930 and 1949. It was last sold for £225,000 in March 2009, which was around 70% below the average March 2009 detached price in the Merton local authority area. The most recent EPC inspection was January 2009, where the current energy rating was E, and the potential energy rating was D.

4 LEONARD AVENUE Sold Prices

Land registry data shows three sales for 4 LEONARD AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Merton local authority area for the corresponding sale date. All of the three 4 LEONARD 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
2009 4 MAR	£225,000	£740,029	70% below HPI
2001 11 JAN	£140,000	£451,366	69% below HPI
2000 23 NOV	£125,000	£454,350	72% below HPI

4 LEONARD AVENUE 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 three 4 LEONARD AVENUE sales between November 2000 and March 2009 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 January 2001 sale was for 69% below the HPI. So the extrapolation line tracks at 69% below the HPI over time, until the March 2009 sale, where it falls to 70% below the HPI. The line then continues to track at 70% below the HPI.

How Large is 4 LEONARD AVENUE?

4 LEONARD AVENUE is 123m², which includes two extensions, according to the EPC inspection conducted in January 2009. This puts it in the largest 20% of detached houses in Morden, based on EPC data. The below chart shows the distribution of detached houses by size in Morden, and where 4 LEONARD AVENUE lies on this distribution: 80% of detached houses are smaller than 4 LEONARD AVENUE, and 20% of houses are larger. Note that EPC data is not available for all properties in Morden.

4 LEONARD AVENUE: Plot and Title Map

4 LEONARD AVENUE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 4 LEONARD 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 LEONARD 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.

Where is 4 LEONARD AVENUE?

4 LEONARD AVENUE is located in MORDEN, in the SM4 postcode district. The below map shows the position of No. 4 on LEONARD AVENUE.