42, THE DRIVE, WALLINGTON, SM6 9NF - £955,000

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

42 THE DRIVE is a large extended detached house of 163m², built sometime between 1930 and 1949. It was last sold for £955,000 in December 2020, which was around 5% above the average December 2020 detached price in the Sutton local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

42 THE DRIVE Sold Prices

Land registry data shows three sales for 42 THE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sutton local authority area for the corresponding sale date. Two of the three 42 THE DRIVE sales were for above the average price, whilst one was 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 18 DEC	£955,000	£911,878	5% above HPI
2005 30 SEP	£545,000	£448,792	21% above HPI
2002 23 AUG	£360,000	£392,644	8% below HPI

42 THE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sutton local authority area over time, sourced from the HPI. The three 42 THE DRIVE sales between August 2002 and December 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 September 2005 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the December 2020 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 42 THE DRIVE?

42 THE DRIVE is 163m², which includes three extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 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 42 THE DRIVE lies on this distribution: 60% of detached houses are smaller than 42 THE DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in London.

42 THE DRIVE: Plot and Title Map

42 THE DRIVE sits on a plot of roughly 0.169 of an acre, or 682m². The below map shows the location of 42 THE DRIVE, 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 42 THE DRIVE). 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 42 THE DRIVE?

42 THE DRIVE is located in WALLINGTON, in the SM6 postcode district. The below map shows the position of No. 42 on THE DRIVE.