10, HANOVER CLOSE, CHEAM, SUTTON, SM3 9SL - £495,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 HANOVER CLOSE is a very small terraced house of 83m², built sometime between 1983 and 1990, which could now be worth an estimated £515,478. It was last sold for £495,000 in October 2023, which was around 13% above the average October 2023 terraced price in the Sutton local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

10 HANOVER CLOSE Sold Prices

Land registry data shows two sales for 10 HANOVER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Sutton local authority area for the corresponding sale date. Both of the two 10 HANOVER CLOSE 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
2023 31 OCT	£495,000	£437,790	13% above HPI
2017 6 OCT	£375,000	£372,091	1% above HPI

10 HANOVER CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Sutton local authority area over time, sourced from the HPI. The two 10 HANOVER CLOSE sales from October 2017 and October 2023 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 2017 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2023 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 10 HANOVER CLOSE be worth now?

10 HANOVER CLOSE might now be worth an estimated £515,478.

This is based on house price inflation of 4.1%, between October 2023 and May 2026, for terraced houses, in the Sutton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.1% inflationary increase is applied to the most recent sale price for 10 HANOVER CLOSE of £495,000 on 31st October 2023. For the value to have increased from £495,000 to £515,478 over the three years and five months to May 2026, the following assumptions must hold true:

• The value of 10 HANOVER CLOSE has moved in line with the HPI for terraced houses in the Sutton local authority area.
• The October 2023 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 10 HANOVER CLOSE has not materially changed since October 2023.

How Large is 10 HANOVER CLOSE?

10 HANOVER CLOSE is 83m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of terraced houses houses in London, based on EPC data. The below chart shows the distribution of terraced houses houses by size in London, and where 10 HANOVER CLOSE lies on this distribution: 9% of terraced houses houses are smaller than 10 HANOVER CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in London.

10 HANOVER CLOSE: Plot and Title Map

10 HANOVER CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 10 HANOVER CLOSE, 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 10 HANOVER CLOSE). 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 10 HANOVER CLOSE?

10 HANOVER CLOSE is located in CHEAM, in the SM3 postcode district. The below map shows the position of No. 10 on HANOVER CLOSE.