10, SOUTH ROAD, ERITH, DA8 3RA - £252,000

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.

10 SOUTH ROAD is a very small extended terraced house of 83m², built sometime between 1900 and 1929, which could now be worth an estimated £316,552. It was last sold for £252,000 in June 2017, which was around 23% below the average June 2017 terraced price in the Bexley local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

10 SOUTH ROAD Sold Prices

Land registry data shows four sales for 10 SOUTH ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Bexley local authority area for the corresponding sale date. All of the four 10 SOUTH ROAD 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
2017 16 JUN	£252,000	£326,813	23% below HPI
2004 9 JUL	£132,500	£171,558	23% below HPI
2000 17 NOV	£74,000	£101,415	27% below HPI
1995 27 APR	£48,000	£61,433	22% below HPI

10 SOUTH ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bexley local authority area over time, sourced from the HPI. The four 10 SOUTH ROAD sales between April 1995 and June 2017 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 July 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2017 sale, which was also at 23% below the HPI.

What might 10 SOUTH ROAD be worth now?

10 SOUTH ROAD might now be worth an estimated £316,552.

This is based on house price inflation of 25.6%, between June 2017 and May 2026, for terraced 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 25.6% inflationary increase is applied to the most recent sale price for 10 SOUTH ROAD of £252,000 on 16th June 2017. For the value to have increased from £252,000 to £316,552 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 10 SOUTH ROAD has moved in line with the HPI for terraced houses in the Bexley local authority area.
• The June 2017 sale price of £252,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SOUTH ROAD has not materially changed since June 2017.

How Large is 10 SOUTH ROAD?

10 SOUTH ROAD is 83m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of terraced houses houses in London, based on EPC data. The below chart shows the distribution of terraced houses houses by size in London, and where 10 SOUTH ROAD lies on this distribution: 9% of terraced houses houses are smaller than 10 SOUTH ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in London.

10 SOUTH ROAD: Plot and Title Map

10 SOUTH ROAD sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 10 SOUTH 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 10 SOUTH 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 10 SOUTH ROAD?

10 SOUTH ROAD is located in ERITH, in the DA8 postcode district. The below map shows the position of No. 10 on SOUTH ROAD.