15, ARRAN CLOSE, ERITH, DA8 3SL - £428,000

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

15 ARRAN CLOSE is a midsized extended detached house of 110m², built sometime between 1996 and 2002. It was last sold for £428,000 in August 2018, which was around 26% below the average August 2018 detached price in the Bexley local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

15 ARRAN CLOSE Sold Prices

Land registry data shows three sales for 15 ARRAN CLOSE 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 15 ARRAN CLOSE 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
2018 20 AUG	£428,000	£581,077	26% below HPI
2000 27 APR	£149,995	£176,694	15% below HPI
1995 31 MAY	£106,000	£111,516	5% below HPI

15 ARRAN CLOSE 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 15 ARRAN CLOSE sales between May 1995 and August 2018 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 April 2000 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 15 ARRAN CLOSE?

15 ARRAN CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 50% of detached houses in Erith, based on EPC data. The below chart shows the distribution of detached houses by size in Erith, and where 15 ARRAN CLOSE lies on this distribution: 56% of detached houses are smaller than 15 ARRAN CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Erith.

15 ARRAN CLOSE: Plot and Title Map

15 ARRAN CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 15 ARRAN CLOSE, 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 15 ARRAN CLOSE). 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 15 ARRAN CLOSE?

15 ARRAN CLOSE is located in ERITH, in the DA8 postcode district. The below map shows the position of No. 15 on ARRAN CLOSE.