18, CHESTNUT DRIVE, BEXLEYHEATH, DA7 4EN - £710,000

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.

18 CHESTNUT DRIVE is a small extended semi-detached house of 127m², built sometime between 1930 and 1949, which could now be worth an estimated £700,266. It was last sold for £710,000 in October 2022, which was around 35% above the average October 2022 semi-detached price in the Bexley local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

18 CHESTNUT DRIVE Sold Prices

Land registry data shows three sales for 18 CHESTNUT DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Bexley local authority area for the corresponding sale date. All of the three 18 CHESTNUT DRIVE 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
2022 20 OCT	£710,000	£525,967	35% above HPI
2012 15 AUG	£405,000	£253,420	60% above HPI
2000 31 AUG	£165,000	£133,822	23% above HPI

18 CHESTNUT DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bexley local authority area over time, sourced from the HPI. The three 18 CHESTNUT DRIVE sales between August 2000 and October 2022 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 2012 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the October 2022 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 18 CHESTNUT DRIVE be worth now?

18 CHESTNUT DRIVE might now be worth an estimated £700,266.

This is based on house price deflation of 1.4%, between October 2022 and March 2025, for semi-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 1.4% deflationary decrease is applied to the most recent sale price for 18 CHESTNUT DRIVE of £710,000 on 20th October 2022. For the value to have decreased from £710,000 to £700,266 over the three years and seven months to March 2025, the following assumptions must hold true:

• The value of 18 CHESTNUT DRIVE has moved in line with the HPI for semi-detached houses in the Bexley local authority area.
• The October 2022 sale price of £710,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CHESTNUT DRIVE has not materially changed since October 2022.

How Large is 18 CHESTNUT DRIVE?

18 CHESTNUT DRIVE is 127m², which includes four extensions, according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of semi-detached houses houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in London, and where 18 CHESTNUT DRIVE lies on this distribution: 39% of semi-detached houses houses are smaller than 18 CHESTNUT DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in London.

18 CHESTNUT DRIVE: Plot and Title Map

18 CHESTNUT DRIVE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 18 CHESTNUT DRIVE, 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 18 CHESTNUT DRIVE). 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 18 CHESTNUT DRIVE?

18 CHESTNUT DRIVE is located in BEXLEYHEATH, in the DA7 postcode district. The below map shows the position of No. 18 on CHESTNUT DRIVE.