24, PARK CRESCENT ROAD, ERITH, DA8 3DX - £480,000

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 PARK CRESCENT ROAD is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £480,000 in January 2023, which was around 32% below the average January 2023 detached price in the Bexley local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

24 PARK CRESCENT ROAD Sold Prices

Land registry data shows four sales for 24 PARK CRESCENT ROAD since 1^st 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. All of the four 24 PARK CRESCENT 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
2023 20 JAN	£480,000	£703,546	32% below HPI
2022 19 MAY	£357,000	£662,504	46% below HPI
2022 21 FEB	£275,000	£655,579	58% below HPI
2006 15 SEP	£240,000	£310,496	23% below HPI

24 PARK CRESCENT 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 four 24 PARK CRESCENT ROAD sales between September 2006 and January 2023 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 May 2022 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the January 2023 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 24 PARK CRESCENT ROAD?

24 PARK CRESCENT ROAD is 76m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of detached houses in Erith, based on EPC data. The below chart shows the distribution of detached houses by size in Erith, and where 24 PARK CRESCENT ROAD lies on this distribution: 13% of detached houses are smaller than 24 PARK CRESCENT ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Erith.

24 PARK CRESCENT ROAD: Plot and Title Map

24 PARK CRESCENT ROAD sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 24 PARK CRESCENT 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 PARK CRESCENT 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 PARK CRESCENT ROAD?

24 PARK CRESCENT ROAD is located in ERITH, in the DA8 postcode district. The below map shows the position of No. 24 on PARK CRESCENT ROAD.