AVENUE COTTAGE, MEDLAND CLOSE, WALLINGTON, SM6 7BH - £540,000

AVENUE COTTAGE is a small extended detached house of 126m², built sometime between 1900 and 1929. It was last sold for £540,000 in January 2021, which was around 41% below the average January 2021 detached price in the Sutton local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was C.

AVENUE COTTAGE Sold Prices

Land registry data shows four sales for AVENUE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sutton local authority area for the corresponding sale date. All of the four AVENUE COTTAGE 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
2021 22 JAN	£540,000	£916,270	41% below HPI
2016 9 DEC	£530,000	£835,402	37% below HPI
2013 8 FEB	£370,000	£553,791	33% below HPI
2004 27 SEP	£235,000	£452,555	48% below HPI

AVENUE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sutton local authority area over time, sourced from the HPI. The four AVENUE COTTAGE sales between September 2004 and January 2021 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 December 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2021 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is AVENUE COTTAGE?

AVENUE COTTAGE is 126m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where AVENUE COTTAGE lies on this distribution: 39% of detached houses are smaller than AVENUE COTTAGE, and 61% of houses are larger. Note that EPC data is not available for all properties in London.

AVENUE COTTAGE: Plot and Title Map

AVENUE COTTAGE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of AVENUE COTTAGE, 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 AVENUE COTTAGE). 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 AVENUE COTTAGE?

AVENUE COTTAGE is located on MEDLAND CLOSE in WALLINGTON, in the SM6 postcode district. The below map shows the position of AVENUE COTTAGE on MEDLAND CLOSE.