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
8 ALBERT GROVE is a very small extended detached house of 133m², built sometime before 1900. It was last sold for £1,212,500 in October 2019, which was around 16% below the average October 2019 detached price in the Merton local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 8 ALBERT GROVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Merton local authority area for the corresponding sale date. All of the four 8 ALBERT GROVE 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 |
---|---|---|---|
2019 31 OCT | £1,212,500 | £1,444,485 | 16% below HPI |
2011 12 AUG | £850,000 | £886,404 | 4% below HPI |
2010 19 MAY | £450,000 | £835,027 | 46% below HPI |
1996 29 MAR | £113,000 | £217,486 | 48% below HPI |
The below graph shows the average detached house price in the Merton local authority area over time, sourced from the HPI. The four 8 ALBERT GROVE sales between March 1996 and October 2019 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 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.
8 ALBERT GROVE is 133m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% of detached houses in Wimbledon, based on EPC data. The below chart shows the distribution of detached houses by size in Wimbledon, and where 8 ALBERT GROVE lies on this distribution: 14% of detached houses are smaller than 8 ALBERT GROVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Wimbledon.
8 ALBERT GROVE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 8 ALBERT GROVE, 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 8 ALBERT GROVE). 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.
8 ALBERT GROVE is located in LONDON, in the SW20 postcode district. The below map shows the position of No. 8 on ALBERT GROVE.