124, PARSONAGE MANORWAY, BELVEDERE, DA17 6NQ - £365,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

124 PARSONAGE MANORWAY is a very small detached house of 69m², built sometime between 1930 and 1949, which could now be worth an estimated £430,972. It was last sold for £365,000 in July 2019, which was around 39% below the average July 2019 detached price in the Bexley local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

124 PARSONAGE MANORWAY Sold Prices

Land registry data shows two sales for 124 PARSONAGE MANORWAY 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 124 PARSONAGE MANORWAY 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 24 JUL	£365,000	£597,035	39% below HPI
2015 7 AUG	£340,000	£489,629	31% below HPI

124 PARSONAGE MANORWAY 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 124 PARSONAGE MANORWAY sales from August 2015 and July 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 August 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2019 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 124 PARSONAGE MANORWAY be worth now?

124 PARSONAGE MANORWAY might now be worth an estimated £430,972.

This is based on house price inflation of 18.1%, between July 2019 and December 2024, for detached houses, in the Bexley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.1% inflationary increase is applied to the most recent sale price for 124 PARSONAGE MANORWAY of £365,000 on 24th July 2019. For the value to have increased from £365,000 to £430,972 over the four years and seven months to December 2024, the following assumptions must hold true:

• The value of 124 PARSONAGE MANORWAY has moved in line with the HPI for detached houses in the Bexley local authority area.
• The July 2019 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 124 PARSONAGE MANORWAY has not materially changed since July 2019.

How Large is 124 PARSONAGE MANORWAY?

124 PARSONAGE MANORWAY is 69m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses houses in Erith, based on EPC data. The below chart shows the distribution of detached houses houses by size in Erith, and where 124 PARSONAGE MANORWAY lies on this distribution: 5% of detached houses houses are smaller than 124 PARSONAGE MANORWAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Erith.

124 PARSONAGE MANORWAY: Plot and Title Map

124 PARSONAGE MANORWAY sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 124 PARSONAGE MANORWAY, 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 124 PARSONAGE MANORWAY). 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 124 PARSONAGE MANORWAY?

124 PARSONAGE MANORWAY is located in BELVEDERE, in the DA17 postcode district. The below map shows the position of No. 124 on PARSONAGE MANORWAY.