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
2 ALERS ROAD is a very small extended detached house of 98m², built sometime between 1930 and 1949. It was last sold for £323,000 in July 2003, which was around 13% above the average July 2003 detached price in the Bexley local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 2 ALERS ROAD 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 2 ALERS ROAD 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 |
---|---|---|---|
2003 29 JUL | £323,000 | £284,793 | 13% above HPI |
1998 3 AUG | £150,000 | £145,598 | 3% 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 2 ALERS ROAD sales from August 1998 and July 2003 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 1998 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2003 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.
2 ALERS ROAD is 98m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 2 ALERS ROAD lies on this distribution: 18% of detached houses are smaller than 2 ALERS ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in London.
2 ALERS ROAD sits on a plot of roughly 0.068 of an acre, or 273m². The below map shows the location of 2 ALERS ROAD, 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 2 ALERS ROAD). 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.
2 ALERS ROAD is located in BEXLEYHEATH, in the DA6 postcode district. The below map shows the position of No. 2 on ALERS ROAD.