2, GROVEBURY CLOSE, ERITH, DA8 3DJ - £530,000

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

2 GROVEBURY CLOSE is a midsized detached house of 111m², built sometime between 1976 and 1982. It was last sold for £530,000 in March 2021, which was around 12% below the average March 2021 detached price in the Bexley local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

2 GROVEBURY CLOSE Sold Prices

Land registry data shows three sales for 2 GROVEBURY 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. Two of the three 2 GROVEBURY CLOSE sales were for below the average price, whilst one was 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
2021 24 MAR	£530,000	£600,733	12% below HPI
2006 18 AUG	£320,000	£307,783	4% above HPI
2001 8 JUL	£186,000	£205,858	10% below HPI

2 GROVEBURY 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 2 GROVEBURY CLOSE sales between July 2001 and March 2021 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 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 GROVEBURY CLOSE?

2 GROVEBURY CLOSE is 111m² according to the EPC inspection conducted in July 2020. 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 2 GROVEBURY CLOSE lies on this distribution: 57% of detached houses are smaller than 2 GROVEBURY CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Erith.

2 GROVEBURY CLOSE: Plot and Title Map

2 GROVEBURY CLOSE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 2 GROVEBURY 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 GROVEBURY 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 2 GROVEBURY CLOSE?

2 GROVEBURY CLOSE is located in ERITH, in the DA8 postcode district. The below map shows the position of No. 2 on GROVEBURY CLOSE.