2, REDLEAF CLOSE, BELVEDERE, DA17 6NA - £410,000

2 REDLEAF CLOSE is a very small detached house of 68m², built sometime between 1930 and 1949. It was last sold for £410,000 in May 2022, which was around 38% below the average May 2022 detached price in the Bexley local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

2 REDLEAF CLOSE Sold Prices

Land registry data shows three sales for 2 REDLEAF CLOSE 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 REDLEAF CLOSE 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
2022 27 MAY	£410,000	£666,545	38% below HPI
2016 4 MAR	£337,000	£524,882	36% below HPI
1997 30 JUN	£97,495	£124,841	22% below HPI

2 REDLEAF CLOSE 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 REDLEAF CLOSE sales between June 1997 and May 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 March 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2022 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 2 REDLEAF CLOSE?

2 REDLEAF CLOSE is 68m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of detached houses in Erith, based on EPC data. The below chart shows the distribution of detached houses by size in Erith, and where 2 REDLEAF CLOSE lies on this distribution: 4% of detached houses are smaller than 2 REDLEAF CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Erith.

2 REDLEAF CLOSE: Plot and Title Map

2 REDLEAF CLOSE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 2 REDLEAF CLOSE, 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 REDLEAF CLOSE). 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 REDLEAF CLOSE?

2 REDLEAF CLOSE is located in BELVEDERE, in the DA17 postcode district. The below map shows the position of No. 2 on REDLEAF CLOSE.