48B, PENTLANDS CLOSE, MITCHAM, CR4 1HU - £277,000

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

48B PENTLANDS CLOSE is a very small detached house of 39m², built sometime between 1930 and 1949. It was last sold for £277,000 in September 2015, which was around 80% below the average September 2015 detached price in the Merton local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was A.

48B PENTLANDS CLOSE Sold Prices

Land registry data shows two sales for 48B PENTLANDS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Merton local authority area for the corresponding sale date. Both of the two 48B PENTLANDS CLOSE 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
2015 2 SEP	£277,000	£1,363,486	80% below HPI
2009 3 JUL	£175,000	£693,913	75% below HPI

48B PENTLANDS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Merton local authority area over time, sourced from the HPI. The two 48B PENTLANDS CLOSE sales from July 2009 and September 2015 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 July 2009 sale was for 75% below the HPI. So the extrapolation line tracks at 75% below the HPI over time, until the September 2015 sale, where it falls to 80% below the HPI. The line then continues to track at 80% below the HPI.

How Large is 48B PENTLANDS CLOSE?

48B PENTLANDS CLOSE is 39m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 48B PENTLANDS CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 48B PENTLANDS CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in London.

48B PENTLANDS CLOSE: Plot and Title Map

48B PENTLANDS CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 48B PENTLANDS CLOSE, 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 48B PENTLANDS CLOSE). 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 48B PENTLANDS CLOSE?

48B PENTLANDS CLOSE is located in MITCHAM, in the CR4 postcode district. The below map shows the position of No. 48B on PENTLANDS CLOSE.