10, MERA DRIVE, BEXLEYHEATH, DA7 4JN - £327,500

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

10 MERA DRIVE is a midsized detached house of 138m², built sometime between 1976 and 1982. It was last sold for £327,500 in March 2021, which was around 45% below the average March 2021 detached price in the Bexley local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

10 MERA DRIVE Sold Prices

Land registry data shows two sales for 10 MERA DRIVE 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 10 MERA DRIVE 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 25 MAR	£327,500	£600,733	45% below HPI
2016 7 DEC	£298,000	£555,111	46% below HPI

10 MERA DRIVE 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 10 MERA DRIVE sales from December 2016 and March 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 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2021 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 10 MERA DRIVE?

10 MERA DRIVE is 138m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 10 MERA DRIVE lies on this distribution: 46% of detached houses are smaller than 10 MERA DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in London.

10 MERA DRIVE: Plot and Title Map

10 MERA DRIVE sits on a plot of roughly 0.019 of an acre, or 78m². The below map shows the location of 10 MERA DRIVE, 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 10 MERA DRIVE). 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 10 MERA DRIVE?

10 MERA DRIVE is located in BEXLEYHEATH, in the DA7 postcode district. The below map shows the position of No. 10 on MERA DRIVE.