2, MERTTINS ROAD, LONDON, SE15 3EB - £787,000

2 MERTTINS ROAD is a small detached house of 123m², built sometime before 1900. It was last sold for £787,000 in September 2019, which was around 51% below the average September 2019 detached price in the Southwark local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was B.

2 MERTTINS ROAD Sold Prices

Land registry data shows two sales for 2 MERTTINS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Southwark local authority area for the corresponding sale date. Both of the two 2 MERTTINS 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
2019 27 SEP	£787,000	£1,607,193	51% below HPI
1998 28 APR	£125,000	£288,643	57% below HPI

2 MERTTINS ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southwark local authority area over time, sourced from the HPI. The two 2 MERTTINS ROAD sales from April 1998 and September 2019 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 April 1998 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the September 2019 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 2 MERTTINS ROAD?

2 MERTTINS ROAD is 123m² according to the EPC inspection conducted in November 2018. 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 2 MERTTINS ROAD lies on this distribution: 36% of detached houses are smaller than 2 MERTTINS ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in London.

2 MERTTINS ROAD: Plot and Title Map

2 MERTTINS ROAD sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 2 MERTTINS 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 2 MERTTINS 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 2 MERTTINS ROAD?

2 MERTTINS ROAD is located in LONDON, in the SE15 postcode district. The below map shows the position of No. 2 on MERTTINS ROAD.