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
2 CYPRESS TREE CLOSE is a very small extended detached house of 87m², built sometime between 1991 and 1995. It was last sold for £520,000 in February 2016, which was around 1% below the average February 2016 detached price in the Bexley local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 2 CYPRESS TREE CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bexley local authority area for the corresponding sale date. Most of the four 2 CYPRESS TREE CLOSE 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 |
---|---|---|---|
2016 29 FEB | £520,000 | £526,955 | 1% below HPI |
2004 22 JUN | £329,995 | £291,407 | 13% above HPI |
1999 13 DEC | £201,000 | £166,886 | 20% above HPI |
1996 18 JUL | £130,000 | £113,841 | 14% above HPI |
The below graph shows the average detached house price in the Bexley local authority area over time, sourced from the HPI. The four 2 CYPRESS TREE CLOSE sales between July 1996 and February 2016 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 June 2004 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2016 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.
2 CYPRESS TREE CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Sidcup, based on EPC data. The below chart shows the distribution of detached houses by size in Sidcup, and where 2 CYPRESS TREE CLOSE lies on this distribution: 11% of detached houses are smaller than 2 CYPRESS TREE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Sidcup.
2 CYPRESS TREE CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 2 CYPRESS TREE 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 2 CYPRESS TREE 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.
2 CYPRESS TREE CLOSE is located in SIDCUP, in the DA15 postcode district. The below map shows the position of No. 2 on CYPRESS TREE CLOSE.