3, SUMMERS CLOSE, SUTTON, SM2 6PP - £540,000

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.

3 SUMMERS CLOSE is a very small extended terraced house of 93m², built sometime between 1976 and 1982, which could now be worth an estimated £554,550. It was last sold for £540,000 in June 2023, which was around 24% above the average June 2023 terraced price in the Sutton local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

3 SUMMERS CLOSE Sold Prices

Land registry data shows four sales for 3 SUMMERS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Sutton local authority area for the corresponding sale date. All of the four 3 SUMMERS CLOSE sales were 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
2023 29 JUN	£540,000	£434,166	24% above HPI
2013 27 FEB	£265,000	£237,637	12% above HPI
2001 23 AUG	£174,000	£128,399	36% above HPI
1996 8 JUL	£87,500	£68,623	28% above HPI

3 SUMMERS CLOSE 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 four 3 SUMMERS CLOSE sales between July 1996 and June 2023 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 February 2013 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2023 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 3 SUMMERS CLOSE be worth now?

3 SUMMERS CLOSE might now be worth an estimated £554,550.

This is based on house price inflation of 2.7%, between June 2023 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 2.7% inflationary increase is applied to the most recent sale price for 3 SUMMERS CLOSE of £540,000 on 29th June 2023. For the value to have increased from £540,000 to £554,550 over the two years to June 2025, the following assumptions must hold true:

• The value of 3 SUMMERS CLOSE has moved in line with the HPI for terraced houses in the Sutton local authority area.
• The June 2023 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SUMMERS CLOSE has not materially changed since June 2023.

How Large is 3 SUMMERS CLOSE?

3 SUMMERS CLOSE is 93m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the smallest 20% 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 3 SUMMERS CLOSE lies on this distribution: 18% of terraced houses houses are smaller than 3 SUMMERS CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Sutton.

3 SUMMERS CLOSE: Plot and Title Map

3 SUMMERS CLOSE sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 3 SUMMERS 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 3 SUMMERS 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 3 SUMMERS CLOSE?

3 SUMMERS CLOSE is located in SUTTON, in the SM2 postcode district. The below map shows the position of No. 3 on SUMMERS CLOSE.