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 WELLINGTON MEWS is a small detached house of 145m², built sometime between 1996 and 2002. It was last sold for £830,000 in April 2020, which was around 27% below the average April 2020 detached price in the Lambeth local authority area. The most recent EPC inspection was January 2020, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 7 WELLINGTON MEWS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lambeth local authority area for the corresponding sale date. All of the three 7 WELLINGTON 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 |
---|---|---|---|
2020 30 APR | £830,000 | £1,139,786 | 27% below HPI |
2009 27 NOV | £355,000 | £583,898 | 39% below HPI |
1999 20 SEP | £247,000 | £276,316 | 11% below HPI |
The below graph shows the average detached house price in the Lambeth local authority area over time, sourced from the HPI. The three 7 WELLINGTON MEWS sales between September 1999 and April 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 November 2009 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2020 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.
7 WELLINGTON MEWS is 145m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of detached houses in Streatham, based on EPC data. The below chart shows the distribution of detached houses by size in Streatham, and where 7 WELLINGTON MEWS lies on this distribution: 29% of detached houses are smaller than 7 WELLINGTON MEWS, and 70% of houses are larger. Note that EPC data is not available for all properties in Streatham.
7 WELLINGTON MEWS sits on a plot of roughly 1.1 acres, or 4,587m². The below map shows the location of 7 WELLINGTON 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 WELLINGTON 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.
7 WELLINGTON MEWS is located in LONDON, in the SW16 postcode district. The below map shows the position of No. 7 on WELLINGTON MEWS.