55, MEREWOOD ROAD, BEXLEYHEATH, DA7 6PF - £320,000

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

55 MEREWOOD ROAD is a very small detached house of 61m², built sometime between 1930 and 1949. It was last sold for £320,000 in April 2012, which was around 2% below the average April 2012 detached price in the Bexley local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

55 MEREWOOD ROAD Sold Prices

Land registry data shows two sales for 55 MEREWOOD ROAD 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 55 MEREWOOD ROAD 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
2012 3 APR	£320,000	£327,068	2% below HPI
2007 10 AUG	£245,000	£337,372	27% below HPI

55 MEREWOOD ROAD 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 55 MEREWOOD ROAD sales from August 2007 and April 2012 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 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2012 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 55 MEREWOOD ROAD?

55 MEREWOOD ROAD is 61m² according to the EPC inspection conducted in September 2011. 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 55 MEREWOOD ROAD lies on this distribution: 2% of detached houses are smaller than 55 MEREWOOD ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in London.

55 MEREWOOD ROAD: Plot and Title Map

55 MEREWOOD ROAD sits on a plot of roughly 0.138 of an acre, or 556m². The below map shows the location of 55 MEREWOOD 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 55 MEREWOOD 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.

Where is 55 MEREWOOD ROAD?

55 MEREWOOD ROAD is located in BEXLEYHEATH, in the DA7 postcode district. The below map shows the position of No. 55 on MEREWOOD ROAD.