3, ELMINGTON CLOSE, BEXLEY, DA5 1LY - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 ELMINGTON CLOSE is a very small semi-detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £520,452. It was last sold for £425,000 in January 2020, which was about the average January 2020 semi-detached price in the Bexley local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

3 ELMINGTON CLOSE Sold Prices

Land registry data shows three sales for 3 ELMINGTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Bexley local authority area for the corresponding sale date. The three 3 ELMINGTON CLOSE sales were a mix of roughly equal to the average price, and above 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 9 JAN	£425,000	£424,315	Close to HPI
2000 8 NOV	£175,000	£135,490	29% above HPI
1998 11 SEP	£116,000	£103,068	13% above HPI

3 ELMINGTON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bexley local authority area over time, sourced from the HPI. The three 3 ELMINGTON CLOSE sales between September 1998 and January 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 November 2000 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the January 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 3 ELMINGTON CLOSE be worth now?

3 ELMINGTON CLOSE might now be worth an estimated £520,452.

This is based on house price inflation of 22.5%, between January 2020 and February 2025, for semi-detached houses, in the Bexley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.5% inflationary increase is applied to the most recent sale price for 3 ELMINGTON CLOSE of £425,000 on 9th January 2020. For the value to have increased from £425,000 to £520,452 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 3 ELMINGTON CLOSE has moved in line with the HPI for semi-detached houses in the Bexley local authority area.
• The January 2020 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ELMINGTON CLOSE has not materially changed since January 2020.

How Large is 3 ELMINGTON CLOSE?

3 ELMINGTON CLOSE is 72m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of semi-detached houses houses in Bexley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bexley, and where 3 ELMINGTON CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 3 ELMINGTON CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bexley.

3 ELMINGTON CLOSE: Plot and Title Map

3 ELMINGTON CLOSE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 3 ELMINGTON CLOSE, 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 3 ELMINGTON CLOSE). 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 3 ELMINGTON CLOSE?

3 ELMINGTON CLOSE is located in BEXLEY, in the DA5 postcode district. The below map shows the position of No. 3 on ELMINGTON CLOSE.