56, LION ROAD, BEXLEYHEATH, DA6 8NS - £413,000

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 LION ROAD is a very small detached house of 87m², built sometime between 1930 and 1949. It was last sold for £413,000 in July 2020, which was around 29% below the average July 2020 detached price in the Bexley local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.

56 LION ROAD Sold Prices

Land registry data shows two sales for 56 LION 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 LION 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
2020 27 JUL	£413,000	£579,432	29% below HPI
1997 19 SEP	£96,000	£129,423	26% below HPI

56 LION 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 LION ROAD sales from September 1997 and July 2020 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 September 1997 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 56 LION ROAD?

56 LION ROAD is 87m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 56 LION ROAD lies on this distribution: 11% of detached houses are smaller than 56 LION ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in London.

56 LION ROAD: Plot and Title Map

56 LION ROAD sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 56 LION 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 LION 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 LION ROAD?

56 LION ROAD is located in BEXLEYHEATH, in the DA6 postcode district. The below map shows the position of No. 56 on LION ROAD.