8, MELVILLE AVENUE, LONDON, SW20 0NS - £1,500,000

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 MELVILLE AVENUE is a large extended detached house of 197m², built sometime between 1930 and 1949. It was last sold for £1,500,000 in October 2019, which was around 4% above the average October 2019 detached price in the Merton local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

8 MELVILLE AVENUE Sold Prices

Land registry data shows two sales for 8 MELVILLE 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 MELVILLE AVENUE sales were for above 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 8 OCT	£1,500,000	£1,444,485	4% above HPI
2005 4 NOV	£760,000	£619,511	23% above HPI

8 MELVILLE 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 MELVILLE AVENUE sales from November 2005 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 November 2005 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2019 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 8 MELVILLE AVENUE?

8 MELVILLE AVENUE is 197m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the largest 30% 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 MELVILLE AVENUE lies on this distribution: 74% of detached houses are smaller than 8 MELVILLE AVENUE, and 26% of houses are larger. Note that EPC data is not available for all properties in London.

8 MELVILLE AVENUE: Plot and Title Map

8 MELVILLE AVENUE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 8 MELVILLE 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 MELVILLE 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 MELVILLE AVENUE?

8 MELVILLE AVENUE is located in LONDON, in the SW20 postcode district. The below map shows the position of No. 8 on MELVILLE AVENUE.