37, BRECON CLOSE, MITCHAM, CR4 1XB - £330,000

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.

37 BRECON CLOSE is a very small terraced house of 95m², built sometime between 1976 and 1982, which could now be worth an estimated £386,611. It was last sold for £330,000 in April 2019, which was around 42% below the average April 2019 terraced price in the Merton local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

37 BRECON CLOSE Sold Prices

Land registry data shows three sales for 37 BRECON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Merton local authority area for the corresponding sale date. All of the three 37 BRECON 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
2019 23 APR	£330,000	£569,726	42% below HPI
2016 2 MAR	£256,000	£559,262	54% below HPI
2006 18 AUG	£165,000	£284,568	42% below HPI

37 BRECON 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 three 37 BRECON CLOSE sales between August 2006 and April 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 March 2016 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the April 2019 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 37 BRECON CLOSE be worth now?

37 BRECON CLOSE might now be worth an estimated £386,611.

This is based on house price inflation of 17.2%, between April 2019 and May 2026, 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 17.2% inflationary increase is applied to the most recent sale price for 37 BRECON CLOSE of £330,000 on 23rd April 2019. For the value to have increased from £330,000 to £386,611 over the six years and eleven months to May 2026, the following assumptions must hold true:

• The value of 37 BRECON CLOSE has moved in line with the HPI for terraced houses in the Merton local authority area.
• The April 2019 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 37 BRECON CLOSE has not materially changed since April 2019.

How Large is 37 BRECON CLOSE?

37 BRECON CLOSE is 95m² according to the EPC inspection conducted in November 2015. 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 37 BRECON CLOSE lies on this distribution: 15% of terraced houses houses are smaller than 37 BRECON CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in London.

37 BRECON CLOSE: Plot and Title Map

37 BRECON CLOSE sits on a plot of roughly 0.017 of an acre, or 68m². The below map shows the location of 37 BRECON 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 37 BRECON 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 37 BRECON CLOSE?

37 BRECON CLOSE is located in MITCHAM, in the CR4 postcode district. The below map shows the position of No. 37 on BRECON CLOSE.