2, OAK ROAD, ERITH, DA8 2NL - £335,000

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.

2 OAK ROAD is a midsized extended terraced house of 87m², built sometime before 1900, which could now be worth an estimated £351,541. It was last sold for £335,000 in January 2024, which was around 14% below the average January 2024 terraced price in the Bexley local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

2 OAK ROAD Sold Prices

Land registry data shows one sale for 2 OAK ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Bexley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 15 JAN	£335,000	£391,213	14% below HPI

What might 2 OAK ROAD be worth now?

2 OAK ROAD might now be worth an estimated £351,541.

This is based on house price inflation of 4.9%, between January 2024 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 4.9% inflationary increase is applied to the most recent sale price for 2 OAK ROAD of £335,000 on 15th January 2024. For the value to have increased from £335,000 to £351,541 over the one year and eight months to May 2026, the following assumptions must hold true:

• The value of 2 OAK ROAD has moved in line with the HPI for terraced houses in the Bexley local authority area.
• The January 2024 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAK ROAD has not materially changed since January 2024.

How Large is 2 OAK ROAD?

2 OAK ROAD is 87m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 50% of terraced houses in London, based on EPC data. The below chart shows the distribution of terraced houses by size in London, and where 2 OAK ROAD lies on this distribution: 42% of terraced houses are smaller than 2 OAK ROAD, and 56% of terraced houses are larger. Note that EPC data is not available for all properties in London.

2 OAK ROAD: Plot

2 OAK ROAD sits on a plot of roughly 0.044 of an acre, or 178m².

Where is 2 OAK ROAD?

2 OAK ROAD is located in ERITH, in the DA8 postcode district.