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
40 MITCHLEY AVENUE is a small extended detached house of 122m², built sometime between 1900 and 1929. It was last sold for £685,000 in October 2020, which was around 14% below the average October 2020 detached price in the Croydon local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 40 MITCHLEY AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Croydon local authority area for the corresponding sale date. All of the four 40 MITCHLEY 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 |
---|---|---|---|
2020 22 OCT | £685,000 | £794,474 | 14% below HPI |
2014 8 OCT | £499,950 | £603,433 | 17% below HPI |
2007 22 NOV | £397,500 | £478,945 | 17% below HPI |
2003 20 NOV | £285,000 | £388,840 | 27% below HPI |
The below graph shows the average detached house price in the Croydon local authority area over time, sourced from the HPI. The four 40 MITCHLEY AVENUE sales between November 2003 and October 2020 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 October 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
40 MITCHLEY AVENUE is 122m², which includes one extension, according to the EPC inspection conducted in November 2014. 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 40 MITCHLEY AVENUE lies on this distribution: 35% of detached houses are smaller than 40 MITCHLEY AVENUE, and 64% of houses are larger. Note that EPC data is not available for all properties in London.
40 MITCHLEY AVENUE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 40 MITCHLEY 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 40 MITCHLEY 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.
40 MITCHLEY AVENUE is located in PURLEY, in the CR8 postcode district. The below map shows the position of No. 40 on MITCHLEY AVENUE.