3, CEDAR GROVE, BEXLEY, DA5 3DB - £710,000

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.

3 CEDAR GROVE is a midsized extended semi-detached house of 141m², built sometime between 1930 and 1949, which could now be worth an estimated £804,579. It was last sold for £710,000 in August 2021, which was around 51% above the average August 2021 semi-detached price in the Bexley local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

3 CEDAR GROVE Sold Prices

Land registry data shows two sales for 3 CEDAR GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bexley local authority area for the corresponding sale date. One of the two 3 CEDAR GROVE sales was for above the average price, whilst the other was roughly equal to 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 6 AUG	£710,000	£471,525	51% above HPI
2020 10 FEB	£425,000	£426,887	Close to HPI

3 CEDAR GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bexley local authority area over time, sourced from the HPI. The two 3 CEDAR GROVE sales from February 2020 and August 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 February 2020 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2021 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 3 CEDAR GROVE be worth now?

3 CEDAR GROVE might now be worth an estimated £804,579.

This is based on house price inflation of 13.3%, between August 2021 and July 2026, for semi-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 13.3% inflationary increase is applied to the most recent sale price for 3 CEDAR GROVE of £710,000 on 6th August 2021. For the value to have increased from £710,000 to £804,579 over the five years and one month to July 2026, the following assumptions must hold true:

• The value of 3 CEDAR GROVE has moved in line with the HPI for semi-detached houses in the Bexley local authority area.
• The August 2021 sale price of £710,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CEDAR GROVE has not materially changed since August 2021.

How Large is 3 CEDAR GROVE?

3 CEDAR GROVE is 141m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the largest 50% of semi-detached houses houses in Bexley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bexley, and where 3 CEDAR GROVE lies on this distribution: 58% of semi-detached houses houses are smaller than 3 CEDAR GROVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Bexley.

3 CEDAR GROVE: Plot and Title Map

3 CEDAR GROVE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 3 CEDAR GROVE, 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 3 CEDAR GROVE). 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 3 CEDAR GROVE?

3 CEDAR GROVE is located in BEXLEY, in the DA5 postcode district. The below map shows the position of No. 3 on CEDAR GROVE.