Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 MAINRIDGE ROAD is a very small extended detached house of 66m², built sometime between 1930 and 1949. It was last sold for £560,000 in July 2024, which was around 42% below the average July 2024 detached price in the Greenwich local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 1 MAINRIDGE ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Greenwich local authority area for the corresponding sale date. All of the four 1 MAINRIDGE ROAD 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 |
---|---|---|---|
2024 19 JUL | £560,000 | £967,730 | 42% below HPI |
2002 27 JUN | £209,950 | £299,266 | 30% below HPI |
1998 20 JUL | £133,000 | £172,962 | 23% below HPI |
1996 30 JAN | £87,000 | £127,837 | 32% below HPI |
The below graph shows the average detached house price in the Greenwich local authority area over time, sourced from the HPI. The four 1 MAINRIDGE ROAD sales between January 1996 and July 2024 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 June 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2024 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.
1 MAINRIDGE ROAD is 66m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of detached houses in Eltham, based on EPC data. The below chart shows the distribution of detached houses by size in Eltham, and where 1 MAINRIDGE ROAD lies on this distribution: 1% of detached houses are smaller than 1 MAINRIDGE ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Eltham.
1 MAINRIDGE ROAD sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 1 MAINRIDGE 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 1 MAINRIDGE 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.
1 MAINRIDGE ROAD is located in CHISLEHURST, in the BR7 postcode district. The below map shows the position of No. 1 on MAINRIDGE ROAD.