38, VALE ROAD, SUTTON, SM1 1QH - £417,000

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.

38 VALE ROAD is a very small extended terraced house of 79m², built sometime between 1900 and 1929, which could now be worth an estimated £494,089. It was last sold for £417,000 in June 2018, which was around 11% above the average June 2018 terraced price in the Sutton local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was C.

38 VALE ROAD Sold Prices

Land registry data shows two sales for 38 VALE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Sutton local authority area for the corresponding sale date. One of the two 38 VALE ROAD sales was for above the average price, whilst the other was 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
2018 27 JUN	£417,000	£376,299	11% above HPI
2008 13 OCT	£200,000	£217,190	8% below HPI

38 VALE ROAD 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 two 38 VALE ROAD sales from October 2008 and June 2018 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 2008 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2018 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 38 VALE ROAD be worth now?

38 VALE ROAD might now be worth an estimated £494,089.

This is based on house price inflation of 18.5%, between June 2018 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 18.5% inflationary increase is applied to the most recent sale price for 38 VALE ROAD of £417,000 on 27th June 2018. For the value to have increased from £417,000 to £494,089 over the seven years to June 2025, the following assumptions must hold true:

• The value of 38 VALE ROAD has moved in line with the HPI for terraced houses in the Sutton local authority area.
• The June 2018 sale price of £417,000 represented a fair market value for the property.
• The size, condition, and specification of 38 VALE ROAD has not materially changed since June 2018.

How Large is 38 VALE ROAD?

38 VALE ROAD is 79m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% 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 38 VALE ROAD lies on this distribution: 10% of terraced houses houses are smaller than 38 VALE ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Sutton.

38 VALE ROAD: Plot and Title Map

38 VALE ROAD sits on a plot of roughly 0.029 of an acre, or 119m². The below map shows the location of 38 VALE 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 38 VALE 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 38 VALE ROAD?

38 VALE ROAD is located in SUTTON, in the SM1 postcode district. The below map shows the position of No. 38 on VALE ROAD.