67, THE DRIVE, MORDEN, SM4 6DY - £680,000

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

67 THE DRIVE is a large extended detached house of 110m², built sometime between 1900 and 1929. It was last sold for £680,000 in May 2021, which was around 55% below the average May 2021 detached price in the Merton local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was E.

67 THE DRIVE Sold Prices

Land registry data shows three sales for 67 THE DRIVE since 1^st 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 67 THE DRIVE 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
2021 12 MAY	£680,000	£1,505,407	55% below HPI
2020 11 NOV	£555,000	£1,581,259	65% below HPI
1997 16 MAY	£133,000	£259,768	49% below HPI

67 THE DRIVE 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 three 67 THE DRIVE sales between May 1997 and May 2021 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 November 2020 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the May 2021 sale, where it rises to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 67 THE DRIVE?

67 THE DRIVE is 110m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the largest 40% of detached houses in Morden, based on EPC data. The below chart shows the distribution of detached houses by size in Morden, and where 67 THE DRIVE lies on this distribution: 68% of detached houses are smaller than 67 THE DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Morden.

67 THE DRIVE: Plot and Title Map

67 THE DRIVE sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 67 THE DRIVE, 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 67 THE DRIVE). 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 67 THE DRIVE?

67 THE DRIVE is located in MORDEN, in the SM4 postcode district. The below map shows the position of No. 67 on THE DRIVE.