27, MALVERN CLOSE, MITCHAM, CR4 1EH - £475,000

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.

27 MALVERN CLOSE is a small terraced house of 103m², built sometime between 1976 and 1982, which could now be worth an estimated £514,928. It was last sold for £475,000 in February 2022, which was around 25% below the average February 2022 terraced price in the Merton local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

27 MALVERN CLOSE Sold Prices

Land registry data shows five sales for 27 MALVERN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Merton local authority area for the corresponding sale date. All of the five 27 MALVERN CLOSE 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
2022 25 FEB	£475,000	£635,329	25% below HPI
2017 5 MAY	£420,375	£574,556	27% below HPI
2013 10 OCT	£272,500	£404,460	33% below HPI
2009 2 JUL	£245,000	£286,056	14% below HPI
2006 21 JUN	£202,000	£276,799	27% below HPI

27 MALVERN CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Merton local authority area over time, sourced from the HPI. The five 27 MALVERN CLOSE sales between June 2006 and February 2022 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 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 27 MALVERN CLOSE be worth now?

27 MALVERN CLOSE might now be worth an estimated £514,928.

This is based on house price inflation of 8.4%, between February 2022 and June 2025, for terraced houses, in the Merton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.4% inflationary increase is applied to the most recent sale price for 27 MALVERN CLOSE of £475,000 on 25th February 2022. For the value to have increased from £475,000 to £514,928 over the two years and eight months to June 2025, the following assumptions must hold true:

• The value of 27 MALVERN CLOSE has moved in line with the HPI for terraced houses in the Merton local authority area.
• The February 2022 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 27 MALVERN CLOSE has not materially changed since February 2022.

How Large is 27 MALVERN CLOSE?

27 MALVERN CLOSE is 103m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 30% of terraced houses houses in London, based on EPC data. The below chart shows the distribution of terraced houses houses by size in London, and where 27 MALVERN CLOSE lies on this distribution: 21% of terraced houses houses are smaller than 27 MALVERN CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in London.

27 MALVERN CLOSE: Plot and Title Map

27 MALVERN CLOSE sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 27 MALVERN CLOSE, 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 27 MALVERN CLOSE). 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 27 MALVERN CLOSE?

27 MALVERN CLOSE is located in MITCHAM, in the CR4 postcode district. The below map shows the position of No. 27 on MALVERN CLOSE.