11, MERTON WAY, WEST MOLESEY, KT8 1PG - £424,500

11 MERTON WAY is a midsized extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £424,500 in January 2013, which was around 52% below the average January 2013 detached price in the Elmbridge local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

11 MERTON WAY Sold Prices

Land registry data shows three sales for 11 MERTON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Elmbridge local authority area for the corresponding sale date. All of the three 11 MERTON WAY 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
2013 24 JAN	£424,500	£892,738	52% below HPI
2006 9 MAR	£265,000	£635,029	58% below HPI
1998 6 NOV	£145,000	£341,334	58% below HPI

11 MERTON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Elmbridge local authority area over time, sourced from the HPI. The three 11 MERTON WAY sales between November 1998 and January 2013 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 2006 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the January 2013 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 11 MERTON WAY?

11 MERTON WAY is 116m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 50% of detached houses in West Molesey, based on EPC data. The below chart shows the distribution of detached houses by size in West Molesey, and where 11 MERTON WAY lies on this distribution: 53% of detached houses are smaller than 11 MERTON WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in West Molesey.

11 MERTON WAY: Plot and Title Map

11 MERTON WAY sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 11 MERTON WAY, 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 11 MERTON WAY). 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 11 MERTON WAY?

11 MERTON WAY is located in WEST MOLESEY, in the KT8 postcode district. The below map shows the position of No. 11 on MERTON WAY.