7, RURAL WAY, LONDON, SW16 6PF - £600,000

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 RURAL WAY is a very small detached house of 98m², built sometime between 1930 and 1949. It was last sold for £600,000 in June 2021, which was around 60% below the average June 2021 detached price in the Merton local authority area. The most recent EPC inspection was August 2018, where the current energy rating was G, and the potential energy rating was C.

7 RURAL WAY Sold Prices

Land registry data shows three sales for 7 RURAL WAY 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 7 RURAL WAY 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 21 JUN	£600,000	£1,503,207	60% below HPI
2018 25 OCT	£560,000	£1,476,790	62% below HPI
2005 20 MAY	£230,000	£619,097	63% below HPI

7 RURAL WAY 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 7 RURAL WAY sales between May 2005 and June 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 October 2018 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the June 2021 sale, where it rises to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is 7 RURAL WAY?

7 RURAL WAY is 98m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 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 RURAL WAY lies on this distribution: 18% of detached houses are smaller than 7 RURAL WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in London.

7 RURAL WAY: Plot and Title Map

7 RURAL WAY sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 7 RURAL WAY, 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 RURAL WAY). 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 RURAL WAY?

7 RURAL WAY is located in LONDON, in the SW16 postcode district. The below map shows the position of No. 7 on RURAL WAY.