46, HIGHBANKS CLOSE, WELLING, DA16 3ES - £625,000

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

46 HIGHBANKS CLOSE is a large extended detached house of 177m², built sometime between 1930 and 1949. It was last sold for £625,000 in April 2024, which was around 7% below the average April 2024 detached price in the Bexley local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

46 HIGHBANKS CLOSE Sold Prices

Land registry data shows two sales for 46 HIGHBANKS CLOSE 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 46 HIGHBANKS CLOSE 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
2024 19 APR	£625,000	£668,544	7% below HPI
2017 17 FEB	£422,500	£549,807	23% below HPI

46 HIGHBANKS CLOSE 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 46 HIGHBANKS CLOSE sales from February 2017 and April 2024 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 February 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2024 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 46 HIGHBANKS CLOSE?

46 HIGHBANKS CLOSE is 177m², which includes three extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 46 HIGHBANKS CLOSE lies on this distribution: 67% of detached houses are smaller than 46 HIGHBANKS CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in London.

46 HIGHBANKS CLOSE: Plot and Title Map

46 HIGHBANKS CLOSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 46 HIGHBANKS 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 46 HIGHBANKS 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 46 HIGHBANKS CLOSE?

46 HIGHBANKS CLOSE is located in WELLING, in the DA16 postcode district. The below map shows the position of No. 46 on HIGHBANKS CLOSE.