118, OLDFIELDS ROAD, SUTTON, SM1 2NN - £352,000

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.

118 OLDFIELDS ROAD is a very small terraced house of 77m², built sometime between 1930 and 1949, which could now be worth an estimated £424,303. It was last sold for £352,000 in April 2018, which was around 5% below the average April 2018 terraced price in the Sutton local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was B.

118 OLDFIELDS ROAD Sold Prices

Land registry data shows two sales for 118 OLDFIELDS ROAD 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 118 OLDFIELDS ROAD 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
2018 20 APR	£352,000	£369,887	5% below HPI
2007 22 JUN	£190,000	£229,825	17% below HPI

118 OLDFIELDS ROAD 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 118 OLDFIELDS ROAD sales from June 2007 and April 2018 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 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2018 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 118 OLDFIELDS ROAD be worth now?

118 OLDFIELDS ROAD might now be worth an estimated £424,303.

This is based on house price inflation of 20.5%, between April 2018 and June 2025, 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 20.5% inflationary increase is applied to the most recent sale price for 118 OLDFIELDS ROAD of £352,000 on 20th April 2018. For the value to have increased from £352,000 to £424,303 over the six years and ten months to June 2025, the following assumptions must hold true:

• The value of 118 OLDFIELDS ROAD has moved in line with the HPI for terraced houses in the Sutton local authority area.
• The April 2018 sale price of £352,000 represented a fair market value for the property.
• The size, condition, and specification of 118 OLDFIELDS ROAD has not materially changed since April 2018.

How Large is 118 OLDFIELDS ROAD?

118 OLDFIELDS ROAD is 77m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of terraced houses houses in Sutton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Sutton, and where 118 OLDFIELDS ROAD lies on this distribution: 10% of terraced houses houses are smaller than 118 OLDFIELDS ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Sutton.

118 OLDFIELDS ROAD: Plot and Title Map

118 OLDFIELDS ROAD sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 118 OLDFIELDS ROAD, 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 118 OLDFIELDS ROAD). 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 118 OLDFIELDS ROAD?

118 OLDFIELDS ROAD is located in SUTTON, in the SM1 postcode district. The below map shows the position of No. 118 on OLDFIELDS ROAD.