243, HOOK LANE, WELLING, DA16 2NZ - £582,000

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

243 HOOK LANE is a small extended detached house of 103m², built sometime between 1930 and 1949. It was last sold for £582,000 in January 2024, which was around 13% below the average January 2024 detached price in the Bexley local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

243 HOOK LANE Sold Prices

Land registry data shows four sales for 243 HOOK LANE 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 243 HOOK 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
2024 26 JAN	£582,000	£671,387	13% below HPI
2016 29 NOV	£410,000	£555,784	26% below HPI
2009 16 NOV	£250,000	£314,671	21% below HPI
2000 5 DEC	£166,000	£195,701	15% below HPI

243 HOOK 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 four 243 HOOK LANE sales between December 2000 and January 2024 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 November 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2024 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 243 HOOK LANE?

243 HOOK LANE is 103m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 243 HOOK LANE lies on this distribution: 22% of detached houses are smaller than 243 HOOK LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in London.

243 HOOK LANE: Plot and Title Map

243 HOOK LANE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 243 HOOK 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 243 HOOK 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 243 HOOK LANE?

243 HOOK LANE is located in WELLING, in the DA16 postcode district. The below map shows the position of No. 243 on HOOK LANE.