12, PRIORY DRIVE, LONDON, SE2 0PP - £600,000

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

12 PRIORY DRIVE is a small extended detached house of 125m², built sometime between 1930 and 1949. It was last sold for £600,000 in August 2023, which was around 11% below the average August 2023 detached price in the Bexley local authority area. The most recent EPC inspection was January 2021, where the current energy rating was E, and the potential energy rating was C.

12 PRIORY DRIVE Sold Prices

Land registry data shows three sales for 12 PRIORY DRIVE 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 12 PRIORY 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
2023 2 AUG	£600,000	£671,783	11% below HPI
2007 26 JAN	£235,000	£318,423	26% below HPI
1999 18 JUN	£148,000	£149,887	1% below HPI

12 PRIORY 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 three 12 PRIORY DRIVE sales between June 1999 and August 2023 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 January 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 12 PRIORY DRIVE?

12 PRIORY DRIVE is 125m², which includes one extension, according to the EPC inspection conducted in January 2021. 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 12 PRIORY DRIVE lies on this distribution: 38% of detached houses are smaller than 12 PRIORY DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in London.

12 PRIORY DRIVE: Plot and Title Map

12 PRIORY DRIVE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 12 PRIORY 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 12 PRIORY 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 12 PRIORY DRIVE?

12 PRIORY DRIVE is located in LONDON, in the SE2 postcode district. The below map shows the position of No. 12 on PRIORY DRIVE.