28, IRON MILL PLACE, CRAYFORD, DARTFORD, DA1 4RT - £360,000

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.

28 IRON MILL PLACE is a very small extended terraced house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £435,518. It was last sold for £360,000 in July 2020, which was around 6% above the average July 2020 terraced price in the Bexley local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

28 IRON MILL PLACE Sold Prices

Land registry data shows three sales for 28 IRON MILL PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Bexley local authority area for the corresponding sale date. All of the three 28 IRON MILL PLACE 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
2020 30 JUL	£360,000	£339,344	6% above HPI
2018 28 MAR	£343,000	£330,892	4% above HPI
1998 12 MAR	£85,000	£75,240	13% above HPI

28 IRON MILL PLACE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bexley local authority area over time, sourced from the HPI. The three 28 IRON MILL PLACE sales between March 1998 and July 2020 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 2018 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2020 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 28 IRON MILL PLACE be worth now?

28 IRON MILL PLACE might now be worth an estimated £435,518.

This is based on house price inflation of 21%, between July 2020 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 21% inflationary increase is applied to the most recent sale price for 28 IRON MILL PLACE of £360,000 on 30th July 2020. For the value to have increased from £360,000 to £435,518 over the six years and two months to May 2026, the following assumptions must hold true:

• The value of 28 IRON MILL PLACE has moved in line with the HPI for terraced houses in the Bexley local authority area.
• The July 2020 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 28 IRON MILL PLACE has not materially changed since July 2020.

How Large is 28 IRON MILL PLACE?

28 IRON MILL PLACE is 90m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of terraced houses houses in London, based on EPC data. The below chart shows the distribution of terraced houses houses by size in London, and where 28 IRON MILL PLACE lies on this distribution: 12% of terraced houses houses are smaller than 28 IRON MILL PLACE, and 87% of houses are larger. Note that EPC data is not available for all properties in London.

28 IRON MILL PLACE: Plot and Title Map

28 IRON MILL PLACE sits on a plot of roughly 0.025 of an acre, or 100m². The below map shows the location of 28 IRON MILL PLACE, 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 28 IRON MILL PLACE). 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 28 IRON MILL PLACE?

28 IRON MILL PLACE is located in CRAYFORD, in the DA1 postcode district. The below map shows the position of No. 28 on IRON MILL PLACE.