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 PALMERSTON ROAD is a very small detached house of 115m², built sometime between 1991 and 1995. It was last sold for £365,000 in July 2002, which was around 32% below the average July 2002 detached price in the Merton local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 5 PALMERSTON 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 PALMERSTON ROAD 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 18 JUL | £365,000 | £537,203 | 32% below HPI |
2001 26 JAN | £250,000 | £451,366 | 45% below HPI |
1995 27 JAN | £135,000 | £226,809 | 40% 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 5 PALMERSTON ROAD sales between January 1995 and July 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 January 2001 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2002 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.
5 PALMERSTON ROAD is 115m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% 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 PALMERSTON ROAD lies on this distribution: 9% of detached houses are smaller than 5 PALMERSTON ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Wimbledon.
5 PALMERSTON ROAD sits on a plot of roughly 0.020 of an acre, or 82m². The below map shows the location of 5 PALMERSTON 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 PALMERSTON 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 PALMERSTON ROAD is located in LONDON, in the SW19 postcode district. The below map shows the position of No. 5 on PALMERSTON ROAD.