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
93 VERNON AVENUE is a small detached house of 101m². It was last sold for £700,000 in October 2022, which was around 59% below the average October 2022 detached price in the Merton local authority area. The most recent EPC inspection was March 2009, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 93 VERNON AVENUE 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 93 VERNON 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 |
---|---|---|---|
2022 28 OCT | £700,000 | £1,703,299 | 59% below HPI |
2014 30 JUL | £540,000 | £1,232,914 | 56% below HPI |
2009 17 JUN | £375,000 | £674,094 | 44% 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 93 VERNON AVENUE sales between June 2009 and October 2022 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 July 2014 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the October 2022 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.
93 VERNON AVENUE is 101m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 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 93 VERNON AVENUE lies on this distribution: 21% of detached houses are smaller than 93 VERNON AVENUE, and 79% of houses are larger. Note that EPC data is not available for all properties in London.
93 VERNON AVENUE sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of 93 VERNON 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 93 VERNON 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.
93 VERNON AVENUE is located in LONDON, in the SW20 postcode district. The below map shows the position of No. 93 on VERNON AVENUE.