7, PROSPECT PLACE, LONDON, SW20 0JP - £3,300,000

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

7 PROSPECT PLACE is a very large extended detached house of 266m², built sometime between 1996 and 2002. It was last sold for £3,300,000 in January 2016, which was around 139% above the average January 2016 detached price in the Merton local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

7 PROSPECT PLACE Sold Prices

Land registry data shows two sales for 7 PROSPECT PLACE since 1^st 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 7 PROSPECT PLACE 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
2016 15 JAN	£3,300,000	£1,379,360	139% above HPI
1998 21 DEC	£1,250,000	£303,818	311% above HPI

7 PROSPECT PLACE 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 two 7 PROSPECT PLACE sales from December 1998 and January 2016 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 311% above the HPI. So the extrapolation line tracks at 311% above the HPI over time, until the January 2016 sale, where it falls to 139% above the HPI. The line then continues to track at 139% above the HPI.

How Large is 7 PROSPECT PLACE?

7 PROSPECT PLACE is 266m², which includes one extension, according to the EPC inspection conducted in October 2008. 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 7 PROSPECT PLACE lies on this distribution: 88% of detached houses are smaller than 7 PROSPECT PLACE, and 12% of houses are larger. Note that EPC data is not available for all properties in London.

7 PROSPECT PLACE: Plot and Title Map

7 PROSPECT PLACE sits on a plot of roughly 0.260 of an acre, or 1,052m². The below map shows the location of 7 PROSPECT PLACE, 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 PROSPECT PLACE). 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 PROSPECT PLACE?

7 PROSPECT PLACE is located in LONDON, in the SW20 postcode district. The below map shows the position of No. 7 on PROSPECT PLACE.