4, MARINA DRIVE, WELLING, DA16 3QY - £475,000

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

4 MARINA DRIVE is a very small detached house of 77m², built sometime between 1930 and 1949. It was last sold for £475,000 in August 2021, which was around 24% below the average August 2021 detached price in the Bexley local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was C.

4 MARINA DRIVE Sold Prices

Land registry data shows two sales for 4 MARINA DRIVE 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 4 MARINA 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
2021 27 AUG	£475,000	£627,712	24% below HPI
2005 8 APR	£215,000	£294,418	27% below HPI

4 MARINA DRIVE 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 4 MARINA DRIVE sales from April 2005 and August 2021 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 2005 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 4 MARINA DRIVE?

4 MARINA DRIVE is 77m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 4 MARINA DRIVE lies on this distribution: 6% of detached houses are smaller than 4 MARINA DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in London.

4 MARINA DRIVE: Plot and Title Map

4 MARINA DRIVE sits on a plot of roughly 0.076 of an acre, or 310m². The below map shows the location of 4 MARINA 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 4 MARINA 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 4 MARINA DRIVE?

4 MARINA DRIVE is located in WELLING, in the DA16 postcode district. The below map shows the position of No. 4 on MARINA DRIVE.