40, OAKWOOD DRIVE, BEXLEYHEATH, DA7 6EG - £620,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

40 OAKWOOD DRIVE is a midsized detached house of 133m², built sometime between 1983 and 1990, which could now be worth an estimated £727,485. It was last sold for £620,000 in June 2018, which was around 3% above the average June 2018 detached price in the Bexley local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

40 OAKWOOD DRIVE Sold Prices

Land registry data shows three sales for 40 OAKWOOD 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 Bexley local authority area for the corresponding sale date. All of the three 40 OAKWOOD DRIVE 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
2018 14 JUN	£620,000	£600,792	3% above HPI
2011 19 AUG	£405,000	£344,311	18% above HPI
1998 31 JUL	£185,000	£152,204	22% above HPI

40 OAKWOOD 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 three 40 OAKWOOD DRIVE sales between July 1998 and June 2018 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 August 2011 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2018 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 40 OAKWOOD DRIVE be worth now?

40 OAKWOOD DRIVE might now be worth an estimated £727,485.

This is based on house price inflation of 17.3%, between June 2018 and December 2024, for 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 17.3% inflationary increase is applied to the most recent sale price for 40 OAKWOOD DRIVE of £620,000 on 14th June 2018. For the value to have increased from £620,000 to £727,485 over the five years and six months to December 2024, the following assumptions must hold true:

• The value of 40 OAKWOOD DRIVE has moved in line with the HPI for detached houses in the Bexley local authority area.
• The June 2018 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of 40 OAKWOOD DRIVE has not materially changed since June 2018.

How Large is 40 OAKWOOD DRIVE?

40 OAKWOOD DRIVE is 133m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 50% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 40 OAKWOOD DRIVE lies on this distribution: 43% of detached houses houses are smaller than 40 OAKWOOD DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in London.

40 OAKWOOD DRIVE: Plot and Title Map

40 OAKWOOD DRIVE sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 40 OAKWOOD 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 40 OAKWOOD 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 40 OAKWOOD DRIVE?

40 OAKWOOD DRIVE is located in BEXLEYHEATH, in the DA7 postcode district. The below map shows the position of No. 40 on OAKWOOD DRIVE.