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
5 ERNLE ROAD is a very large detached house of 309m², built sometime between 1930 and 1949. It was last sold for £950,000 in November 1999, which was around 149% above the average November 1999 detached price in the Merton local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 5 ERNLE 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. All of the three 5 ERNLE ROAD sales were for above 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 |
---|---|---|---|
1999 30 NOV | £950,000 | £381,098 | 149% above HPI |
1998 2 FEB | £650,000 | £293,425 | 122% above HPI |
1995 5 MAY | £355,000 | £219,216 | 62% above HPI |
The below graph shows the average detached house price in the Merton local authority area over time, sourced from the HPI. The three 5 ERNLE ROAD sales between May 1995 and November 1999 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 February 1998 sale was for 122% above the HPI. So the extrapolation line tracks at 122% above the HPI over time, until the November 1999 sale, where it rises to 149% above the HPI. The line then continues to track at 149% above the HPI.
5 ERNLE ROAD is 309m² according to the EPC inspection conducted in September 2018. This puts it in the largest 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 5 ERNLE ROAD lies on this distribution: 92% of detached houses are smaller than 5 ERNLE ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in London.
5 ERNLE ROAD sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of 5 ERNLE 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 5 ERNLE 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.
5 ERNLE ROAD is located in LONDON, in the SW20 postcode district. The below map shows the position of No. 5 on ERNLE ROAD.