GLEANINGS, RECTORY LANE, WALLINGTON, SM6 8DX - £357,500

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

GLEANINGS is a very small detached house of 63m², built sometime between 1930 and 1949. It was last sold for £357,500 in November 2014, which was around 50% below the average November 2014 detached price in the Sutton local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

GLEANINGS Sold Prices

Land registry data shows two sales for GLEANINGS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sutton local authority area for the corresponding sale date. Both of the two GLEANINGS 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
2014 6 NOV	£357,500	£708,707	50% below HPI
2003 27 OCT	£222,500	£424,173	48% below HPI

GLEANINGS 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 two GLEANINGS sales from October 2003 and November 2014 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 October 2003 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the November 2014 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is GLEANINGS?

GLEANINGS is 63m² according to the EPC inspection conducted in May 2014. 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 GLEANINGS lies on this distribution: 2% of detached houses are smaller than GLEANINGS, and 98% of houses are larger. Note that EPC data is not available for all properties in Wallington.

GLEANINGS: Plot and Title Map

GLEANINGS sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of GLEANINGS, 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 GLEANINGS). 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 GLEANINGS?

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