34, FARADAY ROAD, WELLING, DA16 2ET - £875,000

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

34 FARADAY ROAD is a very large extended detached house of 235m², built sometime between 1930 and 1949. It was last sold for £875,000 in November 2022, which was around 24% above the average November 2022 detached price in the Bexley local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was D.

34 FARADAY ROAD Sold Prices

Land registry data shows two sales for 34 FARADAY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bexley local authority area for the corresponding sale date. Both of the two 34 FARADAY ROAD sales were for 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
2022 4 NOV	£875,000	£705,442	24% above HPI
2006 18 APR	£385,000	£301,791	28% above HPI

34 FARADAY 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 two 34 FARADAY ROAD sales from April 2006 and November 2022 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 April 2006 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2022 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 34 FARADAY ROAD?

34 FARADAY ROAD is 235m², which includes three extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 34 FARADAY ROAD lies on this distribution: 83% of detached houses are smaller than 34 FARADAY ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in London.

34 FARADAY ROAD: Plot and Title Map

34 FARADAY ROAD sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 34 FARADAY 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 34 FARADAY 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 34 FARADAY ROAD?

34 FARADAY ROAD is located in WELLING, in the DA16 postcode district. The below map shows the position of No. 34 on FARADAY ROAD.