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
79 GRAND DRIVE is a midsized detached house of 152m², built sometime between 1900 and 1929. It was last sold for £750,000 in August 2012, which was around 19% below the average August 2012 detached price in the Merton local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 79 GRAND DRIVE since 1st 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 79 GRAND 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 |
---|---|---|---|
2012 15 AUG | £750,000 | £926,607 | 19% below HPI |
2007 14 DEC | £715,000 | £805,455 | 11% below HPI |
2002 26 APR | £396,250 | £513,580 | 23% below HPI |
The below graph shows the average detached house price in the Merton local authority area over time, sourced from the HPI. The three 79 GRAND DRIVE sales between April 2002 and August 2012 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 December 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2012 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
79 GRAND DRIVE is 152m² according to the EPC inspection conducted in April 2012. This puts it in the largest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 79 GRAND DRIVE lies on this distribution: 55% of detached houses are smaller than 79 GRAND DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in London.
79 GRAND DRIVE sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of 79 GRAND 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 79 GRAND 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.
79 GRAND DRIVE is located in LONDON, in the SW20 postcode district. The below map shows the position of No. 79 on GRAND DRIVE.