1, THE NURSERY, ERITH, DA8 2EZ - £280,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 THE NURSERY is a small extended detached house of 115m², built sometime between 1900 and 1929. It was last sold for £280,000 in October 2019, which was around 50% below the average October 2019 detached price in the Bexley local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

1 THE NURSERY Sold Prices

Land registry data shows two sales for 1 THE NURSERY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bexley local authority area for the corresponding sale date. Both of the two 1 THE NURSERY 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
2019 3 OCT	£280,000	£556,314	50% below HPI
2014 17 FEB	£175,000	£372,836	53% below HPI

1 THE NURSERY 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 two 1 THE NURSERY sales from February 2014 and October 2019 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 February 2014 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the October 2019 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 1 THE NURSERY?

1 THE NURSERY is 115m², which includes two extensions, according to the EPC inspection conducted in March 2011. 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 1 THE NURSERY lies on this distribution: 31% of detached houses are smaller than 1 THE NURSERY, and 69% of houses are larger. Note that EPC data is not available for all properties in London.

1 THE NURSERY: Plot and Title Map

1 THE NURSERY sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 1 THE NURSERY, 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 THE NURSERY). 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 THE NURSERY?

1 THE NURSERY is located in ERITH, in the DA8 postcode district. The below map shows the position of No. 1 on THE NURSERY.