29, ARRAN CLOSE, ERITH, DA8 3SL - £377,500

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.

29 ARRAN CLOSE is a small terraced house of 95m², built sometime between 1950 and 1966, which could now be worth an estimated £417,767. It was last sold for £377,500 in October 2021, which was around 1% above the average October 2021 terraced price in the Bexley local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

29 ARRAN CLOSE Sold Prices

Land registry data shows two sales for 29 ARRAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Bexley local authority area for the corresponding sale date. Both of the two 29 ARRAN CLOSE 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
2021 15 OCT	£377,500	£372,271	1% above HPI
2014 13 OCT	£273,000	£253,777	8% above HPI

29 ARRAN CLOSE 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 two 29 ARRAN CLOSE sales from October 2014 and October 2021 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 October 2014 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2021 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 29 ARRAN CLOSE be worth now?

29 ARRAN CLOSE might now be worth an estimated £417,767.

This is based on house price inflation of 10.7%, between October 2021 and April 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 10.7% inflationary increase is applied to the most recent sale price for 29 ARRAN CLOSE of £377,500 on 15th October 2021. For the value to have increased from £377,500 to £417,767 over the five years and six months to April 2026, the following assumptions must hold true:

• The value of 29 ARRAN CLOSE has moved in line with the HPI for terraced houses in the Bexley local authority area.
• The October 2021 sale price of £377,500 represented a fair market value for the property.
• The size, condition, and specification of 29 ARRAN CLOSE has not materially changed since October 2021.

How Large is 29 ARRAN CLOSE?

29 ARRAN CLOSE is 95m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% of terraced houses houses in Erith, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Erith, and where 29 ARRAN CLOSE lies on this distribution: 34% of terraced houses houses are smaller than 29 ARRAN CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Erith.

29 ARRAN CLOSE: Plot and Title Map

29 ARRAN CLOSE sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of 29 ARRAN 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 29 ARRAN 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 29 ARRAN CLOSE?

29 ARRAN CLOSE is located in ERITH, in the DA8 postcode district. The below map shows the position of No. 29 on ARRAN CLOSE.