12, HOMELAND DRIVE, SUTTON, SM2 5BJ - £497,500

12 HOMELAND DRIVE is a very small detached house of 97m², built sometime between 1996 and 2002. It was last sold for £497,500 in March 2014, which was around 20% below the average March 2014 detached price in the Sutton local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

12 HOMELAND DRIVE Sold Prices

Land registry data shows four sales for 12 HOMELAND DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sutton local authority area for the corresponding sale date. All of the four 12 HOMELAND DRIVE 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
2014 28 MAR	£497,500	£622,393	20% below HPI
2005 16 MAY	£327,500	£447,834	27% below HPI
2001 16 NOV	£250,000	£353,399	29% below HPI
1996 12 JUL	£151,000	£168,383	10% below HPI

12 HOMELAND DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sutton local authority area over time, sourced from the HPI. The four 12 HOMELAND DRIVE sales between July 1996 and March 2014 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 May 2005 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2014 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 12 HOMELAND DRIVE?

12 HOMELAND DRIVE is 97m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 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 12 HOMELAND DRIVE lies on this distribution: 18% of detached houses are smaller than 12 HOMELAND DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in London.

12 HOMELAND DRIVE: Plot and Title Map

12 HOMELAND DRIVE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 12 HOMELAND DRIVE, 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 12 HOMELAND DRIVE). 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 12 HOMELAND DRIVE?

12 HOMELAND DRIVE is located in SUTTON, in the SM2 postcode district. The below map shows the position of No. 12 on HOMELAND DRIVE.