7, MILNER ROAD, MORDEN, SM4 6EN - £640,000

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

7 MILNER ROAD is a very small extended detached house of 66m², built sometime between 1900 and 1929. It was last sold for £640,000 in June 2020, which was around 58% below the average June 2020 detached price in the Merton local authority area. The most recent EPC inspection was February 2010, where the current energy rating was F, and the potential energy rating was E.

7 MILNER ROAD Sold Prices

Land registry data shows four sales for 7 MILNER ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Merton local authority area for the corresponding sale date. All of the four 7 MILNER 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
2020 26 JUN	£640,000	£1,506,615	58% below HPI
2015 21 DEC	£565,000	£1,390,814	59% below HPI
2006 25 MAY	£290,000	£641,052	55% below HPI
2004 17 SEP	£249,950	£637,656	61% below HPI

7 MILNER ROAD 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 four 7 MILNER ROAD sales between September 2004 and June 2020 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 2015 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the June 2020 sale, where it rises to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 7 MILNER ROAD?

7 MILNER ROAD is 66m², which includes two extensions, according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% of detached houses in Morden, based on EPC data. The below chart shows the distribution of detached houses by size in Morden, and where 7 MILNER ROAD lies on this distribution: 5% of detached houses are smaller than 7 MILNER ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Morden.

7 MILNER ROAD: Plot and Title Map

7 MILNER ROAD sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 7 MILNER 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 7 MILNER 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.

Where is 7 MILNER ROAD?

7 MILNER ROAD is located in MORDEN, in the SM4 postcode district. The below map shows the position of No. 7 on MILNER ROAD.