4, PROSPECT PLACE, LONDON, SW20 0JP - £3,250,000

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 PROSPECT PLACE is a very large extended detached house of 432m², built sometime between 1996 and 2002. It was last sold for £3,250,000 in May 2018, which was around 134% above the average May 2018 detached price in the Merton local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

4 PROSPECT PLACE Sold Prices

Land registry data shows two sales for 4 PROSPECT PLACE 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 4 PROSPECT PLACE 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
2018 30 MAY	£3,250,000	£1,387,168	134% above HPI
1999 26 JUL	£1,650,000	£344,015	380% above HPI

4 PROSPECT PLACE 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 4 PROSPECT PLACE sales from July 1999 and May 2018 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 July 1999 sale was for 380% above the HPI. So the extrapolation line tracks at 380% above the HPI over time, until the May 2018 sale, where it falls to 134% above the HPI. The line then continues to track at 134% above the HPI.

How Large is 4 PROSPECT PLACE?

4 PROSPECT PLACE is 432m², which includes three extensions, according to the EPC inspection conducted in July 2017. 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 4 PROSPECT PLACE lies on this distribution: 97% of detached houses are smaller than 4 PROSPECT PLACE, and 3% of houses are larger. Note that EPC data is not available for all properties in London.

4 PROSPECT PLACE: Plot and Title Map

4 PROSPECT PLACE sits on a plot of roughly 0.327 of an acre, or 1,323m². The below map shows the location of 4 PROSPECT PLACE, 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 PROSPECT PLACE). 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 PROSPECT PLACE?

4 PROSPECT PLACE is located in LONDON, in the SW20 postcode district. The below map shows the position of No. 4 on PROSPECT PLACE.