16, HOMELAND DRIVE, SUTTON, SM2 5BJ - £448,000

16 HOMELAND DRIVE is a small extended detached house of 114m², built sometime between 1991 and 1995. It was last sold for £448,000 in October 2013, which was around 25% below the average October 2013 detached price in the Sutton local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

16 HOMELAND DRIVE Sold Prices

Land registry data shows two sales for 16 HOMELAND DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sutton local authority area for the corresponding sale date. One of the two 16 HOMELAND DRIVE sales was for below the average price, whilst the other was 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
2013 31 OCT	£448,000	£594,673	25% below HPI
1995 26 JUN	£171,500	£161,092	6% above HPI

16 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 two 16 HOMELAND DRIVE sales from June 1995 and October 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 June 1995 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2013 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 16 HOMELAND DRIVE?

16 HOMELAND DRIVE is 114m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 16 HOMELAND DRIVE lies on this distribution: 30% of detached houses are smaller than 16 HOMELAND DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in London.

16 HOMELAND DRIVE: Plot and Title Map

16 HOMELAND DRIVE sits on a plot of roughly 0.080 of an acre, or 326m². The below map shows the location of 16 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 16 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 16 HOMELAND DRIVE?

16 HOMELAND DRIVE is located in SUTTON, in the SM2 postcode district. The below map shows the position of No. 16 on HOMELAND DRIVE.