10, MONTROSE CLOSE, WELLING, DA16 2QR - £464,000

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

10 MONTROSE CLOSE is a small extended detached house of 116m², built sometime between 1930 and 1949. It was last sold for £464,000 in June 2021, which was around 24% below the average June 2021 detached price in the Bexley local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was C.

10 MONTROSE CLOSE Sold Prices

Land registry data shows two sales for 10 MONTROSE CLOSE 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 MONTROSE 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
2021 3 JUN	£464,000	£608,332	24% below HPI
2002 13 DEC	£227,000	£266,297	15% below HPI

10 MONTROSE 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 two 10 MONTROSE CLOSE sales from December 2002 and June 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 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 10 MONTROSE CLOSE?

10 MONTROSE CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in August 2018. 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 10 MONTROSE CLOSE lies on this distribution: 31% of detached houses are smaller than 10 MONTROSE CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in London.

10 MONTROSE CLOSE: Plot and Title Map

10 MONTROSE CLOSE sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of 10 MONTROSE 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 10 MONTROSE 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 10 MONTROSE CLOSE?

10 MONTROSE CLOSE is located in WELLING, in the DA16 postcode district. The below map shows the position of No. 10 on MONTROSE CLOSE.