116, MEREWOOD ROAD, BEXLEYHEATH, DA7 6PQ - £255,000

116 MEREWOOD ROAD is a very small detached house of 72m², built sometime between 1930 and 1949. It was last sold for £255,000 in December 2012, which was around 25% below the average December 2012 detached price in the Bexley local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was E.

116 MEREWOOD ROAD Sold Prices

Land registry data shows two sales for 116 MEREWOOD 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 116 MEREWOOD 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
2012 3 DEC	£255,000	£339,693	25% below HPI
2011 2 DEC	£200,000	£328,678	39% below HPI

116 MEREWOOD 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 116 MEREWOOD ROAD sales from December 2011 and December 2012 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 December 2011 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2012 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 116 MEREWOOD ROAD?

116 MEREWOOD ROAD is 72m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 116 MEREWOOD ROAD lies on this distribution: 5% of detached houses are smaller than 116 MEREWOOD ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in London.

116 MEREWOOD ROAD: Plot and Title Map

116 MEREWOOD ROAD sits on a plot of roughly 0.111 of an acre, or 447m². The below map shows the location of 116 MEREWOOD 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 116 MEREWOOD 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 116 MEREWOOD ROAD?

116 MEREWOOD ROAD is located in BEXLEYHEATH, in the DA7 postcode district. The below map shows the position of No. 116 on MEREWOOD ROAD.