CRESCENT COTTAGE, CRESCENT ROAD, ERITH, DA8 2AU - £270,000

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

CRESCENT COTTAGE is a very small extended detached house of 56m², built sometime before 1900. It was last sold for £270,000 in March 2021, which was around 55% below the average March 2021 detached price in the Bexley local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

CRESCENT COTTAGE Sold Prices

Land registry data shows four sales for CRESCENT COTTAGE 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 CRESCENT COTTAGE 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
2021 25 MAR	£270,000	£600,733	55% below HPI
2015 17 AUG	£210,000	£464,643	55% below HPI
2007 9 NOV	£162,000	£345,914	53% below HPI
2002 26 JUL	£114,500	£238,052	52% below HPI

CRESCENT COTTAGE 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 CRESCENT COTTAGE sales between July 2002 and March 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 August 2015 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the March 2021 sale, which was also at 55% below the HPI.

How Large is CRESCENT COTTAGE?

CRESCENT COTTAGE is 56m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses in Erith, based on EPC data. The below chart shows the distribution of detached houses by size in Erith, and where CRESCENT COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than CRESCENT COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Erith.

CRESCENT COTTAGE: Plot and Title Map

CRESCENT COTTAGE sits on a plot of roughly 0.018 of an acre, or 73m². The below map shows the location of CRESCENT COTTAGE, 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 CRESCENT COTTAGE). 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 CRESCENT COTTAGE?

CRESCENT COTTAGE is located on CRESCENT ROAD in ERITH, in the DA8 postcode district. The below map shows the position of CRESCENT COTTAGE on CRESCENT ROAD.