24, CHAPEL ROAD, BEXLEYHEATH, DA7 4HN - £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

24 CHAPEL ROAD is a small extended detached house of 117m², built sometime between 1900 and 1929. It was last sold for £440,000 in September 2020, which was around 25% below the average September 2020 detached price in the Bexley local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

24 CHAPEL ROAD Sold Prices

Land registry data shows three sales for 24 CHAPEL ROAD 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. All of the three 24 CHAPEL ROAD 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
2020 18 SEP	£440,000	£583,707	25% below HPI
2017 20 OCT	£405,000	£558,066	27% below HPI
2010 12 JUL	£230,000	£326,278	30% below HPI

24 CHAPEL ROAD 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 24 CHAPEL ROAD sales between July 2010 and September 2020 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 October 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 24 CHAPEL ROAD?

24 CHAPEL ROAD is 117m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 24 CHAPEL ROAD lies on this distribution: 32% of detached houses are smaller than 24 CHAPEL ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in London.

24 CHAPEL ROAD: Plot and Title Map

24 CHAPEL ROAD sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 24 CHAPEL 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 24 CHAPEL 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.

Where is 24 CHAPEL ROAD?

24 CHAPEL ROAD is located in BEXLEYHEATH, in the DA7 postcode district. The below map shows the position of No. 24 on CHAPEL ROAD.