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
68 DRAX AVENUE is a very large extended detached house of 256m², built sometime between 1930 and 1949. It was last sold for £2,280,000 in November 2011, which was around 155% above the average November 2011 detached price in the Merton local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 68 DRAX AVENUE 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 68 DRAX AVENUE 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 |
---|---|---|---|
2011 1 NOV | £2,280,000 | £894,832 | 155% above HPI |
1996 31 JAN | £415,000 | £220,676 | 88% above HPI |
The below graph shows the average detached house price in the Merton local authority area over time, sourced from the HPI. The two 68 DRAX AVENUE sales from January 1996 and November 2011 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 1996 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the November 2011 sale, where it rises to 155% above the HPI. The line then continues to track at 155% above the HPI.
68 DRAX AVENUE is 256m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the largest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 68 DRAX AVENUE lies on this distribution: 86% of detached houses are smaller than 68 DRAX AVENUE, and 14% of houses are larger. Note that EPC data is not available for all properties in London.
68 DRAX AVENUE sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of 68 DRAX AVENUE, 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 68 DRAX AVENUE). 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.
68 DRAX AVENUE is located in LONDON, in the SW20 postcode district. The below map shows the position of No. 68 on DRAX AVENUE.