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
5 NEWSTEAD WAY is a very small extended detached house of 140m², built sometime between 1950 and 1966. It was last sold for £320,000 in April 2002, which was around 38% below the average April 2002 detached price in the Merton local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 5 NEWSTEAD WAY since 1st 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 5 NEWSTEAD WAY 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 |
---|---|---|---|
2002 10 APR | £320,000 | £513,580 | 38% below HPI |
1998 24 DEC | £130,000 | £303,818 | 57% below HPI |
The below graph shows the average detached house price in the Merton local authority area over time, sourced from the HPI. The two 5 NEWSTEAD WAY sales from December 1998 and April 2002 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 December 1998 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the April 2002 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.
5 NEWSTEAD WAY is 140m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses in Wimbledon, based on EPC data. The below chart shows the distribution of detached houses by size in Wimbledon, and where 5 NEWSTEAD WAY lies on this distribution: 16% of detached houses are smaller than 5 NEWSTEAD WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Wimbledon.
5 NEWSTEAD WAY sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 5 NEWSTEAD WAY, 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 NEWSTEAD WAY). 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 NEWSTEAD WAY is located in LONDON, in the SW19 postcode district. The below map shows the position of No. 5 on NEWSTEAD WAY.