8, OAKWOOD DRIVE, BEXLEYHEATH, DA7 6ED - £627,000

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

8 OAKWOOD DRIVE is a large extended detached house of 166m², built sometime between 1930 and 1949. It was last sold for £627,000 in June 2022, which was around 7% below the average June 2022 detached price in the Bexley local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was C.

8 OAKWOOD DRIVE Sold Prices

Land registry data shows two sales for 8 OAKWOOD DRIVE 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. One of the two 8 OAKWOOD DRIVE sales was for below the average price, whilst the other was for above 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
2022 28 JUN	£627,000	£673,443	7% below HPI
2008 27 MAR	£410,000	£353,985	16% above HPI

8 OAKWOOD DRIVE 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 8 OAKWOOD DRIVE sales from March 2008 and June 2022 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 March 2008 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 8 OAKWOOD DRIVE?

8 OAKWOOD DRIVE is 166m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 8 OAKWOOD DRIVE lies on this distribution: 62% of detached houses are smaller than 8 OAKWOOD DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in London.

8 OAKWOOD DRIVE: Plot and Title Map

8 OAKWOOD DRIVE sits on a plot of roughly 0.199 of an acre, or 804m². The below map shows the location of 8 OAKWOOD DRIVE, 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 8 OAKWOOD DRIVE). 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 8 OAKWOOD DRIVE?

8 OAKWOOD DRIVE is located in BEXLEYHEATH, in the DA7 postcode district. The below map shows the position of No. 8 on OAKWOOD DRIVE.