2, OLD BARN WAY, BEXLEYHEATH, DA7 6EP - £485,000

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 OLD BARN WAY is a very small detached house of 75m², built sometime between 1930 and 1949, which could now be worth an estimated £597,540. It was last sold for £485,000 in November 2017, which was around 18% below the average November 2017 detached price in the Bexley local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

2 OLD BARN WAY Sold Prices

Land registry data shows three sales for 2 OLD BARN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bexley local authority area for the corresponding sale date. All of the three 2 OLD BARN WAY 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 21 NOV	£485,000	£590,003	18% below HPI
2010 14 JUL	£275,000	£343,824	20% below HPI
2009 26 AUG	£209,950	£321,911	35% below HPI

2 OLD BARN WAY 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 three 2 OLD BARN WAY sales between August 2009 and November 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 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2017 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 OLD BARN WAY be worth now?

2 OLD BARN WAY might now be worth an estimated £597,540.

This is based on house price inflation of 23.2%, between November 2017 and May 2026, for 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 23.2% inflationary increase is applied to the most recent sale price for 2 OLD BARN WAY of £485,000 on 21st November 2017. For the value to have increased from £485,000 to £597,540 over the nine years and six months to May 2026, the following assumptions must hold true:

• The value of 2 OLD BARN WAY has moved in line with the HPI for detached houses in the Bexley local authority area.
• The November 2017 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OLD BARN WAY has not materially changed since November 2017.

How Large is 2 OLD BARN WAY?

2 OLD BARN WAY is 75m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 10% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 2 OLD BARN WAY lies on this distribution: 5% of detached houses houses are smaller than 2 OLD BARN WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in London.

2 OLD BARN WAY: Plot and Title Map

2 OLD BARN WAY sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 2 OLD BARN WAY, 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 2 OLD BARN WAY). 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 2 OLD BARN WAY?

2 OLD BARN WAY is located in BEXLEYHEATH, in the DA7 postcode district. The below map shows the position of No. 2 on OLD BARN WAY.