33, PARKWAY, ERITH, DA18 4HG - £295,000

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.

33 PARKWAY is a small terraced house of 108m², built sometime between 1976 and 1982, which could now be worth an estimated £430,081. It was last sold for £295,000 in September 2015, which was around 5% above the average September 2015 terraced price in the Bexley local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

33 PARKWAY Sold Prices

Land registry data shows two sales for 33 PARKWAY 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 33 PARKWAY 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
2015 11 SEP	£295,000	£281,589	5% above HPI
2005 14 FEB	£177,500	£174,899	1% above HPI

33 PARKWAY 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 33 PARKWAY sales from February 2005 and September 2015 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 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2015 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 33 PARKWAY be worth now?

33 PARKWAY might now be worth an estimated £430,081.

This is based on house price inflation of 45.8%, between September 2015 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 45.8% inflationary increase is applied to the most recent sale price for 33 PARKWAY of £295,000 on 11th September 2015. For the value to have increased from £295,000 to £430,081 over the eleven years and four months to May 2026, the following assumptions must hold true:

• The value of 33 PARKWAY has moved in line with the HPI for terraced houses in the Bexley local authority area.
• The September 2015 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 33 PARKWAY has not materially changed since September 2015.

How Large is 33 PARKWAY?

33 PARKWAY is 108m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% 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 33 PARKWAY lies on this distribution: 24% of terraced houses houses are smaller than 33 PARKWAY, and 75% of houses are larger. Note that EPC data is not available for all properties in London.

33 PARKWAY: Plot and Title Map

33 PARKWAY sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 33 PARKWAY, 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 33 PARKWAY). 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 33 PARKWAY?

33 PARKWAY is located in ERITH, in the DA18 postcode district. The below map shows the position of No. 33 on PARKWAY.