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
12 MAINRIDGE ROAD is a large extended detached house of 165m², built sometime between 1930 and 1949. It was last sold for £685,000 in June 2019, which was around 14% below the average June 2019 detached price in the Greenwich local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 12 MAINRIDGE ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Greenwich local authority area for the corresponding sale date. All of the three 12 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 |
---|---|---|---|
2019 7 JUN | £685,000 | £795,551 | 14% below HPI |
2015 20 MAR | £320,000 | £640,826 | 50% below HPI |
1996 3 NOV | £106,000 | £138,507 | 23% below HPI |
The below graph shows the average detached house price in the Greenwich local authority area over time, sourced from the HPI. The three 12 MAINRIDGE ROAD sales between November 1996 and June 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 March 2015 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the June 2019 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
12 MAINRIDGE ROAD is 165m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the largest 40% of detached houses in Eltham, based on EPC data. The below chart shows the distribution of detached houses by size in Eltham, and where 12 MAINRIDGE ROAD lies on this distribution: 66% of detached houses are smaller than 12 MAINRIDGE ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Eltham.
12 MAINRIDGE ROAD sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of 12 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 12 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.
12 MAINRIDGE ROAD is located in CHISLEHURST, in the BR7 postcode district. The below map shows the position of No. 12 on MAINRIDGE ROAD.