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
48 PARKHILL ROAD is a very large extended detached house of 172m², built sometime between 1930 and 1949. It was last sold for £935,000 in March 2024, which was around 40% above the average March 2024 detached price in the Bexley local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 48 PARKHILL ROAD since 1st 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 48 PARKHILL 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 |
---|---|---|---|
2024 28 MAR | £935,000 | £669,422 | 40% above HPI |
2012 19 MAR | £375,000 | £325,789 | 15% above HPI |
The below graph shows the average detached house price in the Bexley local authority area over time, sourced from the HPI. The two 48 PARKHILL ROAD sales from March 2012 and March 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 March 2012 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2024 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.
48 PARKHILL ROAD is 172m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 20% of detached houses in Bexley, based on EPC data. The below chart shows the distribution of detached houses by size in Bexley, and where 48 PARKHILL ROAD lies on this distribution: 82% of detached houses are smaller than 48 PARKHILL ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Bexley.
48 PARKHILL ROAD sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 48 PARKHILL 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 48 PARKHILL 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.
48 PARKHILL ROAD is located in BEXLEY, in the DA5 postcode district. The below map shows the position of No. 48 on PARKHILL ROAD.