49, BRECON CLOSE, MITCHAM, CR4 1XB - £326,000

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.

49 BRECON CLOSE is a very small extended terraced house of 101m², built sometime between 1976 and 1982, which could now be worth an estimated £322,111. It was last sold for £326,000 in November 2022, which was around 52% below the average November 2022 terraced price in the Merton local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

49 BRECON CLOSE Sold Prices

Land registry data shows two sales for 49 BRECON 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 49 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
2022 15 NOV	£326,000	£675,520	52% below HPI
2007 9 NOV	£212,000	£334,960	37% below HPI

49 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 two 49 BRECON CLOSE sales from November 2007 and November 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 November 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2022 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 49 BRECON CLOSE be worth now?

49 BRECON CLOSE might now be worth an estimated £322,111.

This is based on house price deflation of 1.2%, between November 2022 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 1.2% deflationary decrease is applied to the most recent sale price for 49 BRECON CLOSE of £326,000 on 15th November 2022. For the value to have decreased from £326,000 to £322,111 over the four years and six months to May 2026, the following assumptions must hold true:

• The value of 49 BRECON CLOSE has moved in line with the HPI for terraced houses in the Merton local authority area.
• The November 2022 sale price of £326,000 represented a fair market value for the property.
• The size, condition, and specification of 49 BRECON CLOSE has not materially changed since November 2022.

How Large is 49 BRECON CLOSE?

49 BRECON CLOSE is 101m², which includes two extensions, according to the EPC inspection conducted in July 2021. 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 49 BRECON CLOSE lies on this distribution: 19% of terraced houses houses are smaller than 49 BRECON CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in London.

49 BRECON CLOSE: Plot and Title Map

49 BRECON CLOSE sits on a plot of roughly 0.019 of an acre, or 77m². The below map shows the location of 49 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 49 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 49 BRECON CLOSE?

49 BRECON CLOSE is located in MITCHAM, in the CR4 postcode district. The below map shows the position of No. 49 on BRECON CLOSE.