7, SAGE MEWS, LONDON, SE22 8EZ - £590,000

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 SAGE MEWS is a very small extended detached house of 79m², built sometime between 1983 and 1990. It was last sold for £590,000 in January 2014, which was around 53% below the average January 2014 detached price in the Southwark local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

7 SAGE MEWS Sold Prices

Land registry data shows four sales for 7 SAGE MEWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Southwark local authority area for the corresponding sale date. All of the four 7 SAGE MEWS 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
2014 6 JAN	£590,000	£1,249,645	53% below HPI
2010 27 AUG	£407,000	£949,663	57% below HPI
2006 28 SEP	£349,950	£718,401	51% below HPI
2002 30 APR	£280,000	£560,558	50% below HPI

7 SAGE MEWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southwark local authority area over time, sourced from the HPI. The four 7 SAGE MEWS sales between April 2002 and January 2014 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 August 2010 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the January 2014 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 7 SAGE MEWS?

7 SAGE MEWS is 79m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% 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 SAGE MEWS lies on this distribution: 7% of detached houses are smaller than 7 SAGE MEWS, and 93% of houses are larger. Note that EPC data is not available for all properties in London.

7 SAGE MEWS: Plot and Title Map

7 SAGE MEWS sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 7 SAGE MEWS, 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 SAGE MEWS). 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 SAGE MEWS?

7 SAGE MEWS is located in LONDON, in the SE22 postcode district. The below map shows the position of No. 7 on SAGE MEWS.