8, FLORENCE AVENUE, MORDEN, SM4 6EX - £580,000

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

8 FLORENCE AVENUE is a very small detached house of 88m², built sometime between 1930 and 1949. It was last sold for £580,000 in March 2016, which was around 59% below the average March 2016 detached price in the Merton local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

8 FLORENCE AVENUE Sold Prices

Land registry data shows two sales for 8 FLORENCE AVENUE 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 8 FLORENCE AVENUE 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 MAR	£580,000	£1,412,046	59% below HPI
2014 4 FEB	£440,000	£1,105,324	60% below HPI

8 FLORENCE AVENUE 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 8 FLORENCE AVENUE sales from February 2014 and March 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 February 2014 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the March 2016 sale, where it rises to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is 8 FLORENCE AVENUE?

8 FLORENCE AVENUE is 88m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 8 FLORENCE AVENUE lies on this distribution: 12% of detached houses are smaller than 8 FLORENCE AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in London.

8 FLORENCE AVENUE: Plot and Title Map

8 FLORENCE AVENUE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 8 FLORENCE AVENUE, 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 FLORENCE AVENUE). 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 8 FLORENCE AVENUE?

8 FLORENCE AVENUE is located in MORDEN, in the SM4 postcode district. The below map shows the position of No. 8 on FLORENCE AVENUE.