HILLCREST, BEECHOLME AVENUE, MITCHAM, CR4 2HT - £470,000

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

HILLCREST is a very small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £470,000 in April 2024, which was around 71% below the average April 2024 detached price in the Merton local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

HILLCREST Sold Prices

Land registry data shows two sales for HILLCREST 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 HILLCREST 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
2024 19 APR	£470,000	£1,610,506	71% below HPI
1998 3 AUG	£105,000	£312,756	66% below HPI

HILLCREST 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 HILLCREST sales from August 1998 and April 2024 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 August 1998 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the April 2024 sale, where it falls to 71% below the HPI. The line then continues to track at 71% below the HPI.

How Large is HILLCREST?

HILLCREST is 78m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where HILLCREST lies on this distribution: 7% of detached houses are smaller than HILLCREST, and 93% of houses are larger. Note that EPC data is not available for all properties in London.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of HILLCREST, 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 HILLCREST). 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 HILLCREST?

HILLCREST is located on BEECHOLME AVENUE in MITCHAM, in the CR4 postcode district. The below map shows the position of HILLCREST on BEECHOLME AVENUE.