1, OTFORD CLOSE, BEXLEY, DA5 1NH - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 OTFORD CLOSE is a very small detached house of 77m², which could now be worth an estimated £496,113. It was last sold for £240,000 in April 2010, which was around 31% below the average April 2010 detached price in the Bexley local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

1 OTFORD CLOSE Sold Prices

Land registry data shows three sales for 1 OTFORD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bexley local authority area for the corresponding sale date. All of the three 1 OTFORD 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
2010 9 APR	£240,000	£346,879	31% below HPI
2005 31 MAY	£247,000	£312,523	21% below HPI
2000 15 JUN	£137,000	£191,240	28% below HPI

1 OTFORD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bexley local authority area over time, sourced from the HPI. The three 1 OTFORD CLOSE sales between June 2000 and April 2010 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 May 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2010 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 1 OTFORD CLOSE be worth now?

1 OTFORD CLOSE might now be worth an estimated £496,113.

This is based on house price inflation of 106.7%, between April 2010 and February 2025, for detached houses, in the Bexley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 106.7% inflationary increase is applied to the most recent sale price for 1 OTFORD CLOSE of £240,000 on 9th April 2010. For the value to have increased from £240,000 to £496,113 over the fifteen years and two months to February 2025, the following assumptions must hold true:

• The value of 1 OTFORD CLOSE has moved in line with the HPI for detached houses in the Bexley local authority area.
• The April 2010 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OTFORD CLOSE has not materially changed since April 2010.

How Large is 1 OTFORD CLOSE?

1 OTFORD CLOSE is 77m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 10% of detached houses houses in Bexley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bexley, and where 1 OTFORD CLOSE lies on this distribution: 5% of detached houses houses are smaller than 1 OTFORD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Bexley.

1 OTFORD CLOSE: Plot and Title Map

1 OTFORD CLOSE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 1 OTFORD 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 1 OTFORD 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 1 OTFORD CLOSE?

1 OTFORD CLOSE is located in BEXLEY, in the DA5 postcode district. The below map shows the position of No. 1 on OTFORD CLOSE.