70A, RUTLAND DRIVE, MORDEN, SM4 5QL - £451,000

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

70A RUTLAND DRIVE is a very small semi-detached house of 54m², built sometime between 1983 and 1990. It was last sold for £451,000 in July 2018, which was around 70% below the average July 2018 detached price in the Merton local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

70A RUTLAND DRIVE Sold Prices

Land registry data shows two sales for 70A RUTLAND DRIVE 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 70A RUTLAND DRIVE 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
2018 26 JUL	£451,000	£1,502,626	70% below HPI
2000 26 MAY	£184,000	£430,644	57% below HPI

70A RUTLAND DRIVE 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 70A RUTLAND DRIVE sales from May 2000 and July 2018 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 May 2000 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the July 2018 sale, where it falls to 70% below the HPI. The line then continues to track at 70% below the HPI.

How Large is 70A RUTLAND DRIVE?

70A RUTLAND DRIVE is 54m² according to the EPC inspection conducted in June 2017. 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 70A RUTLAND DRIVE lies on this distribution: 1% of detached houses are smaller than 70A RUTLAND DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Morden.

70A RUTLAND DRIVE: Plot and Title Map

70A RUTLAND DRIVE sits on a plot of roughly 0.148 of an acre, or 601m². The below map shows the location of 70A RUTLAND DRIVE, 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 70A RUTLAND DRIVE). 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 70A RUTLAND DRIVE?

70A RUTLAND DRIVE is located in MORDEN, in the SM4 postcode district. The below map shows the position of No. 70A on RUTLAND DRIVE.