40, WOOD STREET, MITCHAM, CR4 4JS - £345,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 WOOD STREET is a very small extended semi-detached house of 73m², built sometime between 1900 and 1929, which could now be worth an estimated £420,992. It was last sold for £345,000 in September 2019, which was around 33% below the average September 2019 semi-detached price in the Sutton local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

40 WOOD STREET Sold Prices

Land registry data shows two sales for 40 WOOD STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Sutton local authority area for the corresponding sale date. Both of the two 40 WOOD STREET 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
2019 20 SEP	£345,000	£517,513	33% below HPI
2013 19 APR	£212,000	£332,359	36% below HPI

40 WOOD STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sutton local authority area over time, sourced from the HPI. The two 40 WOOD STREET sales from April 2013 and September 2019 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 April 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2019 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 40 WOOD STREET be worth now?

40 WOOD STREET might now be worth an estimated £420,992.

This is based on house price inflation of 22%, between September 2019 and February 2025, for semi-detached houses, in the Sutton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22% inflationary increase is applied to the most recent sale price for 40 WOOD STREET of £345,000 on 20th September 2019. For the value to have increased from £345,000 to £420,992 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 40 WOOD STREET has moved in line with the HPI for semi-detached houses in the Sutton local authority area.
• The September 2019 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 40 WOOD STREET has not materially changed since September 2019.

How Large is 40 WOOD STREET?

40 WOOD STREET is 73m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of semi-detached houses houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in London, and where 40 WOOD STREET lies on this distribution: 5% of semi-detached houses houses are smaller than 40 WOOD STREET, and 95% of houses are larger. Note that EPC data is not available for all properties in London.

40 WOOD STREET: Plot and Title Map

40 WOOD STREET sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 40 WOOD STREET, 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 WOOD STREET). 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 40 WOOD STREET?

40 WOOD STREET is located in MITCHAM, in the CR4 postcode district. The below map shows the position of No. 40 on WOOD STREET.