50, IRON MILL PLACE, CRAYFORD, DARTFORD, DA1 4RT - £425,000

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

50 IRON MILL PLACE is a small extended detached house of 107m², built sometime between 1950 and 1966. It was last sold for £425,000 in April 2023, which was around 38% below the average April 2023 detached price in the Bexley local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.

50 IRON MILL PLACE Sold Prices

Land registry data shows two sales for 50 IRON MILL PLACE 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 50 IRON MILL PLACE 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
2023 26 APR	£425,000	£688,370	38% below HPI
2017 31 JAN	£355,000	£553,815	36% below HPI

50 IRON MILL PLACE 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 50 IRON MILL PLACE sales from January 2017 and April 2023 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 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 50 IRON MILL PLACE?

50 IRON MILL PLACE is 107m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 50 IRON MILL PLACE lies on this distribution: 25% of detached houses are smaller than 50 IRON MILL PLACE, and 75% of houses are larger. Note that EPC data is not available for all properties in London.

50 IRON MILL PLACE: Plot and Title Map

50 IRON MILL PLACE sits on a plot of roughly 0.030 of an acre, or 123m². The below map shows the location of 50 IRON MILL PLACE, 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 50 IRON MILL PLACE). 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 50 IRON MILL PLACE?

50 IRON MILL PLACE is located in CRAYFORD, in the DA1 postcode district. The below map shows the position of No. 50 on IRON MILL PLACE.