70C, RUTLAND DRIVE, MORDEN, SM4 5QL - £445,000

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

70C RUTLAND DRIVE is a very small detached house of 67m², built sometime between 1983 and 1990. It was last sold for £445,000 in September 2016, which was around 68% below the average September 2016 detached price in the Merton local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

70C RUTLAND DRIVE Sold Prices

Land registry data shows two sales for 70C 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 70C 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
2016 23 SEP	£445,000	£1,407,990	68% below HPI
1996 20 SEP	£112,000	£233,036	52% below HPI

70C 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 70C RUTLAND DRIVE sales from September 1996 and September 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 September 1996 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the September 2016 sale, where it falls to 68% below the HPI. The line then continues to track at 68% below the HPI.

How Large is 70C RUTLAND DRIVE?

70C RUTLAND DRIVE is 67m² according to the EPC inspection conducted in April 2016. 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 70C RUTLAND DRIVE lies on this distribution: 8% of detached houses are smaller than 70C RUTLAND DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Morden.

70C RUTLAND DRIVE: Plot and Title Map

70C RUTLAND DRIVE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 70C 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 70C 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 70C RUTLAND DRIVE?

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