8, REDWOOD CLOSE, SIDCUP, DA15 8WP - £489,000

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

8 REDWOOD CLOSE is a small extended detached house of 116m², built sometime between 1983 and 1990. It was last sold for £489,000 in April 2013, which was around 41% above the average April 2013 detached price in the Bexley local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

8 REDWOOD CLOSE Sold Prices

Land registry data shows four sales for 8 REDWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bexley local authority area for the corresponding sale date. All of the four 8 REDWOOD CLOSE sales were 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
2013 23 APR	£489,000	£347,338	41% above HPI
2006 23 AUG	£445,000	£307,783	45% above HPI
2004 4 NOV	£425,000	£300,830	41% above HPI
2001 8 AUG	£325,000	£210,892	54% above HPI

8 REDWOOD CLOSE 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 four 8 REDWOOD CLOSE sales between August 2001 and April 2013 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 2006 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the April 2013 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 8 REDWOOD CLOSE?

8 REDWOOD CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the smallest 40% of detached houses in Sidcup, based on EPC data. The below chart shows the distribution of detached houses by size in Sidcup, and where 8 REDWOOD CLOSE lies on this distribution: 34% of detached houses are smaller than 8 REDWOOD CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Sidcup.

8 REDWOOD CLOSE: Plot and Title Map

8 REDWOOD CLOSE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 8 REDWOOD CLOSE, 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 REDWOOD CLOSE). 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 REDWOOD CLOSE?

8 REDWOOD CLOSE is located in SIDCUP, in the DA15 postcode district. The below map shows the position of No. 8 on REDWOOD CLOSE.