RED ROOFS, TRAPS LANE, NEW MALDEN, KT3 4RY - £1,750,000

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

RED ROOFS is a very large extended detached house of 258m², built sometime between 1950 and 1966. It was last sold for £1,750,000 in February 2021, which was around 74% above the average February 2021 detached price in the Kingston upon Thames local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was C.

RED ROOFS Sold Prices

Land registry data shows two sales for RED ROOFS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Kingston upon Thames local authority area for the corresponding sale date. Both of the two RED ROOFS 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
2021 5 FEB	£1,750,000	£1,006,122	74% above HPI
1999 10 JUN	£640,000	£258,439	148% above HPI

RED ROOFS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Kingston upon Thames local authority area over time, sourced from the HPI. The two RED ROOFS sales from June 1999 and February 2021 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 June 1999 sale was for 148% above the HPI. So the extrapolation line tracks at 148% above the HPI over time, until the February 2021 sale, where it falls to 74% above the HPI. The line then continues to track at 74% above the HPI.

How Large is RED ROOFS?

RED ROOFS is 258m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where RED ROOFS lies on this distribution: 87% of detached houses are smaller than RED ROOFS, and 13% of houses are larger. Note that EPC data is not available for all properties in London.

RED ROOFS: Plot and Title Map

RED ROOFS sits on a plot of roughly 0.503 of an acre, or 2,036m². The below map shows the location of RED ROOFS, 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 RED ROOFS). 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 RED ROOFS?

RED ROOFS is located on TRAPS LANE in NEW MALDEN, in the KT3 postcode district. The below map shows the position of RED ROOFS on TRAPS LANE.