56, BEXLEY ROAD, ERITH, DA8 3SP - £341,000

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

56 BEXLEY ROAD is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £341,000 in June 2021, which was around 44% below the average June 2021 detached price in the Bexley local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

56 BEXLEY ROAD Sold Prices

Land registry data shows two sales for 56 BEXLEY 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 56 BEXLEY 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
2021 30 JUN	£341,000	£608,332	44% below HPI
2021 23 APR	£300,000	£601,911	50% below HPI

56 BEXLEY 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 56 BEXLEY ROAD sales from April 2021 and June 2021 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 April 2021 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the June 2021 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 56 BEXLEY ROAD?

56 BEXLEY ROAD is 74m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 10% of detached houses in Erith, based on EPC data. The below chart shows the distribution of detached houses by size in Erith, and where 56 BEXLEY ROAD lies on this distribution: 8% of detached houses are smaller than 56 BEXLEY ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Erith.

56 BEXLEY ROAD: Plot and Title Map

56 BEXLEY ROAD sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 56 BEXLEY 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 56 BEXLEY 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 56 BEXLEY ROAD?

56 BEXLEY ROAD is located in ERITH, in the DA8 postcode district. The below map shows the position of No. 56 on BEXLEY ROAD.