AVONLEA, RECTORY LANE, WALLINGTON, SM6 8DX - £420,000

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

AVONLEA is a very small detached house of 61m², built sometime between 1930 and 1949. It was last sold for £420,000 in November 2020, which was around 54% below the average November 2020 detached price in the Sutton local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was D.

AVONLEA Sold Prices

Land registry data shows four sales for AVONLEA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sutton local authority area for the corresponding sale date. All of the four AVONLEA 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
2020 18 NOV	£420,000	£905,671	54% below HPI
2011 25 MAR	£277,000	£544,350	49% below HPI
2005 20 SEP	£244,000	£448,792	46% below HPI
2003 26 NOV	£200,000	£423,044	53% below HPI

AVONLEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sutton local authority area over time, sourced from the HPI. The four AVONLEA sales between November 2003 and November 2020 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 March 2011 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the November 2020 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is AVONLEA?

AVONLEA is 61m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses in Wallington, based on EPC data. The below chart shows the distribution of detached houses by size in Wallington, and where AVONLEA lies on this distribution: 1% of detached houses are smaller than AVONLEA, and 99% of houses are larger. Note that EPC data is not available for all properties in Wallington.

AVONLEA: Plot and Title Map

AVONLEA sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of AVONLEA, 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 AVONLEA). 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 AVONLEA?

AVONLEA is located on RECTORY LANE in WALLINGTON, in the SM6 postcode district. The below map shows the position of AVONLEA on RECTORY LANE.