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 SYDNEY ROAD is a very small detached house of 86m², built sometime between 1950 and 1966. It was last sold for £594,950 in July 2018, which was around 3% above the average July 2018 detached price in the Bexley local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 2 SYDNEY ROAD since 1st 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 SYDNEY ROAD sales were for above the average price, whilst one was 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 12 JUL | £594,950 | £578,567 | 3% above HPI |
2016 11 FEB | £435,000 | £526,955 | 17% below HPI |
1996 29 MAY | £129,000 | £113,632 | 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 three 2 SYDNEY ROAD sales between May 1996 and July 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 February 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2018 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.
2 SYDNEY ROAD is 86m² according to the EPC inspection conducted in June 2009. 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 SYDNEY ROAD lies on this distribution: 11% of detached houses are smaller than 2 SYDNEY ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in London.
2 SYDNEY ROAD sits on a plot of roughly 0.161 of an acre, or 652m². The below map shows the location of 2 SYDNEY 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 SYDNEY 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 SYDNEY ROAD is located in SIDCUP, in the DA14 postcode district. The below map shows the position of No. 2 on SYDNEY ROAD.