56, SYDNEY ROAD, LONDON, SE2 9RX - £400,000

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

56 SYDNEY ROAD is a very small extended detached house of 83m², built sometime between 1930 and 1949. It was last sold for £400,000 in October 2017, which was around 28% below the average October 2017 detached price in the Bexley local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

56 SYDNEY ROAD Sold Prices

Land registry data shows three sales for 56 SYDNEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bexley local authority area for the corresponding sale date. All of the three 56 SYDNEY 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
2017 24 OCT	£400,000	£558,066	28% below HPI
2015 31 JUL	£363,500	£455,223	20% below HPI
2014 20 AUG	£256,000	£420,567	39% below HPI

56 SYDNEY 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 three 56 SYDNEY ROAD sales between August 2014 and October 2017 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 July 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2017 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 56 SYDNEY ROAD?

56 SYDNEY ROAD is 83m², which includes one extension, according to the EPC inspection conducted in November 2014. 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 56 SYDNEY ROAD lies on this distribution: 9% of detached houses are smaller than 56 SYDNEY ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in London.

56 SYDNEY ROAD: Plot and Title Map

56 SYDNEY ROAD sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 56 SYDNEY 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 SYDNEY 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 SYDNEY ROAD?

56 SYDNEY ROAD is located in LONDON, in the SE2 postcode district. The below map shows the position of No. 56 on SYDNEY ROAD.