24, DANSON LANE, WELLING, DA16 2BE - £240,000

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

24 DANSON LANE is a very small detached house of 50m², built sometime between 1930 and 1949. It was last sold for £240,000 in January 2012, which was around 26% below the average January 2012 detached price in the Bexley local authority area. The most recent EPC inspection was March 2011, where the current energy rating was F, and the potential energy rating was E.

24 DANSON LANE Sold Prices

Land registry data shows three sales for 24 DANSON LANE 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 DANSON LANE 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
2012 27 JAN	£240,000	£324,443	26% below HPI
2011 1 JUL	£165,000	£326,427	49% below HPI
1996 7 JUN	£85,000	£113,488	25% below HPI

24 DANSON LANE 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 DANSON LANE sales between June 1996 and January 2012 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 July 2011 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the January 2012 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 24 DANSON LANE?

24 DANSON LANE is 50m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% 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 DANSON LANE lies on this distribution: 1% of detached houses are smaller than 24 DANSON LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in London.

24 DANSON LANE: Plot and Title Map

24 DANSON LANE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 24 DANSON LANE, 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 DANSON LANE). 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 DANSON LANE?

24 DANSON LANE is located in WELLING, in the DA16 postcode district. The below map shows the position of No. 24 on DANSON LANE.