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
125 THE DRIVE is a very large extended detached house of 172m², built sometime between 1930 and 1949. It was last sold for £1,160,000 in December 2022, which was around 64% above the average December 2022 detached price in the Bexley local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 125 THE DRIVE since 1st 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 125 THE DRIVE sales were for above 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 |
---|---|---|---|
2022 13 DEC | £1,160,000 | £707,523 | 64% above HPI |
2009 15 MAY | £430,000 | £292,676 | 47% above HPI |
The below graph shows the average detached house price in the Bexley local authority area over time, sourced from the HPI. The two 125 THE DRIVE sales from May 2009 and December 2022 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 May 2009 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the December 2022 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.
125 THE DRIVE is 172m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 20% of detached houses in Bexley, based on EPC data. The below chart shows the distribution of detached houses by size in Bexley, and where 125 THE DRIVE lies on this distribution: 82% of detached houses are smaller than 125 THE DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Bexley.
125 THE DRIVE sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 125 THE 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 125 THE 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.
125 THE DRIVE is located in BEXLEY, in the DA5 postcode district. The below map shows the position of No. 125 on THE DRIVE.