9, PARKWOOD ROAD, BEXLEY, DA5 3NW - £1,100,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 PARKWOOD ROAD is a very large extended detached house of 206m², built sometime between 1950 and 1966, which could now be worth an estimated £1,241,009. It was last sold for £1,100,000 in May 2021, which was around 73% above the average May 2021 detached price in the Bexley local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

9 PARKWOOD ROAD Sold Prices

Land registry data shows two sales for 9 PARKWOOD 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 9 PARKWOOD ROAD 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
2021 4 MAY	£1,100,000	£635,572	73% above HPI
2011 23 MAR	£530,000	£346,875	53% above HPI

9 PARKWOOD 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 9 PARKWOOD ROAD sales from March 2011 and May 2021 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 2011 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the May 2021 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

What might 9 PARKWOOD ROAD be worth now?

9 PARKWOOD ROAD might now be worth an estimated £1,241,009.

This is based on house price inflation of 12.8%, between May 2021 and February 2025, for detached houses, in the Bexley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.8% inflationary increase is applied to the most recent sale price for 9 PARKWOOD ROAD of £1,100,000 on 4th May 2021. For the value to have increased from £1,100,000 to £1,241,009 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 9 PARKWOOD ROAD has moved in line with the HPI for detached houses in the Bexley local authority area.
• The May 2021 sale price of £1,100,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PARKWOOD ROAD has not materially changed since May 2021.

How Large is 9 PARKWOOD ROAD?

9 PARKWOOD ROAD is 206m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 10% of detached houses houses in Bexley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bexley, and where 9 PARKWOOD ROAD lies on this distribution: 91% of detached houses houses are smaller than 9 PARKWOOD ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Bexley.

9 PARKWOOD ROAD: Plot and Title Map

9 PARKWOOD ROAD sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 9 PARKWOOD 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 9 PARKWOOD 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 9 PARKWOOD ROAD?

9 PARKWOOD ROAD is located in BEXLEY, in the DA5 postcode district. The below map shows the position of No. 9 on PARKWOOD ROAD.