Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
43 SPENCER ROAD is a very large detached house of 225m², built sometime between 1900 and 1929. It was last sold for £1,165,000 in May 2011, which was around 33% above the average May 2011 detached price in the Merton local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 43 SPENCER ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Merton local authority area for the corresponding sale date. Two of the three 43 SPENCER ROAD 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 |
---|---|---|---|
2011 18 MAY | £1,165,000 | £877,418 | 33% above HPI |
2009 9 OCT | £1,120,000 | £763,744 | 47% above HPI |
2007 20 AUG | £540,000 | £804,334 | 33% below HPI |
The below graph shows the average detached house price in the Merton local authority area over time, sourced from the HPI. The three 43 SPENCER ROAD sales between August 2007 and May 2011 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 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the May 2011 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.
43 SPENCER ROAD is 225m² according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 43 SPENCER ROAD lies on this distribution: 81% of detached houses are smaller than 43 SPENCER ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in London.
43 SPENCER ROAD sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 43 SPENCER 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 43 SPENCER 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.
43 SPENCER ROAD is located in LONDON, in the SW20 postcode district. The below map shows the position of No. 43 on SPENCER ROAD.