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
41 RICHMOND ROAD is a large extended detached house of 209m², built sometime between 1900 and 1929. It was last sold for £1,632,638 in September 2016, which was around 16% above the average September 2016 detached price in the Merton local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 41 RICHMOND ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Merton local authority area for the corresponding sale date. The four 41 RICHMOND ROAD sales were a mix of above the average price, and roughly equal to 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 |
---|---|---|---|
2016 9 SEP | £1,632,638 | £1,407,990 | 16% above HPI |
2009 14 OCT | £950,000 | £763,744 | 24% above HPI |
2001 8 JUN | £659,000 | £461,463 | 43% above HPI |
2000 22 MAY | £430,000 | £430,644 | Close to HPI |
The below graph shows the average detached house price in the Merton local authority area over time, sourced from the HPI. The four 41 RICHMOND ROAD sales between May 2000 and September 2016 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 2009 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2016 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.
41 RICHMOND ROAD is 209m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 41 RICHMOND ROAD lies on this distribution: 77% of detached houses are smaller than 41 RICHMOND ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in London.
41 RICHMOND ROAD sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 41 RICHMOND ROAD, 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 41 RICHMOND ROAD). 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.
41 RICHMOND ROAD is located in LONDON, in the SW20 postcode district. The below map shows the position of No. 41 on RICHMOND ROAD.