16, MARGARET GARDNER DRIVE, LONDON, SE9 3LR - £440,000

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

16 MARGARET GARDNER DRIVE is a very small detached house of 85m², built sometime between 1983 and 1990. It was last sold for £440,000 in April 2018, which was around 44% below the average April 2018 detached price in the Greenwich local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

16 MARGARET GARDNER DRIVE Sold Prices

Land registry data shows four sales for 16 MARGARET GARDNER DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Greenwich local authority area for the corresponding sale date. All of the four 16 MARGARET GARDNER 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
2018 30 APR	£440,000	£780,021	44% below HPI
2009 18 MAR	£240,000	£408,276	41% below HPI
2003 9 SEP	£228,000	£347,011	34% below HPI
2001 5 JAN	£158,000	£242,610	35% below HPI

16 MARGARET GARDNER DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Greenwich local authority area over time, sourced from the HPI. The four 16 MARGARET GARDNER DRIVE sales between January 2001 and April 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 March 2009 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2018 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 16 MARGARET GARDNER DRIVE?

16 MARGARET GARDNER DRIVE is 85m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of detached houses in Eltham, based on EPC data. The below chart shows the distribution of detached houses by size in Eltham, and where 16 MARGARET GARDNER DRIVE lies on this distribution: 4% of detached houses are smaller than 16 MARGARET GARDNER DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Eltham.

16 MARGARET GARDNER DRIVE: Plot and Title Map

16 MARGARET GARDNER DRIVE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 16 MARGARET GARDNER 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 16 MARGARET GARDNER 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 16 MARGARET GARDNER DRIVE?

16 MARGARET GARDNER DRIVE is located in LONDON, in the SE9 postcode district. The below map shows the position of No. 16 on MARGARET GARDNER DRIVE.