38, WARE POINT DRIVE, LONDON, SE28 0HL - £400,000

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

38 WARE POINT DRIVE is a very small detached house of 89m², built sometime between 1996 and 2002. It was last sold for £400,000 in May 2019, which was around 49% below the average May 2019 detached price in the Greenwich local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

38 WARE POINT DRIVE Sold Prices

Land registry data shows three sales for 38 WARE POINT DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Greenwich local authority area for the corresponding sale date. All of the three 38 WARE POINT DRIVE 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
2019 10 MAY	£400,000	£778,509	49% below HPI
2007 25 JAN	£240,000	£415,780	42% below HPI
1999 7 MAY	£116,950	£180,650	35% below HPI

38 WARE POINT DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Greenwich local authority area over time, sourced from the HPI. The three 38 WARE POINT DRIVE sales between May 1999 and May 2019 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 January 2007 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2019 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 38 WARE POINT DRIVE?

38 WARE POINT DRIVE is 89m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 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 38 WARE POINT DRIVE lies on this distribution: 13% of detached houses are smaller than 38 WARE POINT DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in London.

38 WARE POINT DRIVE: Plot and Title Map

38 WARE POINT DRIVE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 38 WARE POINT DRIVE, 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 38 WARE POINT DRIVE). 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 38 WARE POINT DRIVE?

38 WARE POINT DRIVE is located in LONDON, in the SE28 postcode district. The below map shows the position of No. 38 on WARE POINT DRIVE.