59, MERRIDENE, LONDON, N21 1RD - £424,000

59 MERRIDENE is a very small detached house of 97m², built sometime between 1976 and 1982. It was last sold for £424,000 in December 2009, which was around 18% below the average December 2009 detached price in the Enfield local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

59 MERRIDENE Sold Prices

Land registry data shows two sales for 59 MERRIDENE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Enfield local authority area for the corresponding sale date. Both of the two 59 MERRIDENE 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
2009 10 DEC	£424,000	£520,051	18% below HPI
2008 28 NOV	£296,250	£520,079	43% below HPI

59 MERRIDENE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Enfield local authority area over time, sourced from the HPI. The two 59 MERRIDENE sales from November 2008 and December 2009 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 2008 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2009 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 59 MERRIDENE?

59 MERRIDENE is 97m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 59 MERRIDENE lies on this distribution: 18% of detached houses are smaller than 59 MERRIDENE, and 82% of houses are larger. Note that EPC data is not available for all properties in London.

59 MERRIDENE: Plot and Title Map

59 MERRIDENE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 59 MERRIDENE, 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 59 MERRIDENE). 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 59 MERRIDENE?

59 MERRIDENE is located in LONDON, in the N21 postcode district. The below map shows the position of No. 59 on MERRIDENE.