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
9 CROSS LANE is a midsized detached house of 126m², built sometime between 1967 and 1975. It was last sold for £795,000 in November 2020, which was around 35% above the average November 2020 detached price in the Bexley local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 9 CROSS LANE since 1st 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 9 CROSS LANE 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 |
---|---|---|---|
2020 3 NOV | £795,000 | £590,246 | 35% above HPI |
2014 11 APR | £575,000 | £382,517 | 50% above HPI |
2006 21 DEC | £470,000 | £316,801 | 48% above HPI |
The below graph shows the average detached house price in the Bexley local authority area over time, sourced from the HPI. The three 9 CROSS LANE sales between December 2006 and November 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 April 2014 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the November 2020 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.
9 CROSS LANE is 126m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 50% of detached houses in Bexley, based on EPC data. The below chart shows the distribution of detached houses by size in Bexley, and where 9 CROSS LANE lies on this distribution: 47% of detached houses are smaller than 9 CROSS LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Bexley.
9 CROSS LANE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 9 CROSS LANE, 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 9 CROSS LANE). 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.
9 CROSS LANE is located in BEXLEY, in the DA5 postcode district. The below map shows the position of No. 9 on CROSS LANE.