125, THE DRIVE, BEXLEY, DA5 3BY - £1,160,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

125 THE DRIVE is a very large extended detached house of 172m², built sometime between 1930 and 1949, which could now be worth an estimated £1,115,621. It was last sold for £1,160,000 in December 2022, which was around 56% 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.

125 THE DRIVE Sold Prices

Land registry data shows two sales for 125 THE DRIVE 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 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	£745,570	56% above HPI
2009 15 MAY	£430,000	£308,414	39% above HPI

125 THE 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 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 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the December 2022 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 125 THE DRIVE be worth now?

125 THE DRIVE might now be worth an estimated £1,115,621.

This is based on house price deflation of 3.8%, between December 2022 and February 2025, 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 3.8% deflationary decrease is applied to the most recent sale price for 125 THE DRIVE of £1,160,000 on 13th December 2022. For the value to have decreased from £1,160,000 to £1,115,621 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 125 THE DRIVE has moved in line with the HPI for detached houses in the Bexley local authority area.
• The December 2022 sale price of £1,160,000 represented a fair market value for the property.
• The size, condition, and specification of 125 THE DRIVE has not materially changed since December 2022.

How Large is 125 THE DRIVE?

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 houses in Bexley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bexley, and where 125 THE DRIVE lies on this distribution: 82% of detached houses houses are smaller than 125 THE DRIVE, and 18% of houses are larger. Note that EPC data is not available for all properties in Bexley.

125 THE DRIVE: Plot and Title Map

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.

Where is 125 THE DRIVE?

125 THE DRIVE is located in BEXLEY, in the DA5 postcode district. The below map shows the position of No. 125 on THE DRIVE.