31, MALVERN CLOSE, MITCHAM, CR4 1EH - £280,000

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.

31 MALVERN CLOSE is a very small extended terraced house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £376,886. It was last sold for £280,000 in August 2014, which was around 45% below the average August 2014 terraced price in the Merton local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

31 MALVERN CLOSE Sold Prices

Land registry data shows two sales for 31 MALVERN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Merton local authority area for the corresponding sale date. Both of the two 31 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
2014 29 AUG	£280,000	£511,681	45% below HPI
2003 21 OCT	£185,000	£238,843	23% below HPI

31 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 two 31 MALVERN CLOSE sales from October 2003 and August 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 October 2003 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2014 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 31 MALVERN CLOSE be worth now?

31 MALVERN CLOSE might now be worth an estimated £376,886.

This is based on house price inflation of 34.6%, between August 2014 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 34.6% inflationary increase is applied to the most recent sale price for 31 MALVERN CLOSE of £280,000 on 29th August 2014. For the value to have increased from £280,000 to £376,886 over the eleven years and two months to June 2025, the following assumptions must hold true:

• The value of 31 MALVERN CLOSE has moved in line with the HPI for terraced houses in the Merton local authority area.
• The August 2014 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MALVERN CLOSE has not materially changed since August 2014.

How Large is 31 MALVERN CLOSE?

31 MALVERN CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% 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 31 MALVERN CLOSE lies on this distribution: 10% of terraced houses houses are smaller than 31 MALVERN CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in London.

31 MALVERN CLOSE: Plot and Title Map

31 MALVERN CLOSE sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 31 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 31 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 31 MALVERN CLOSE?

31 MALVERN CLOSE is located in MITCHAM, in the CR4 postcode district. The below map shows the position of No. 31 on MALVERN CLOSE.