37, ARRAN CLOSE, ERITH, DA8 3SL - £270,000

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.

37 ARRAN CLOSE is a large extended terraced house of 148m², built sometime between 1967 and 1975, which could now be worth an estimated £588,095. It was last sold for £270,000 in November 2009, which was around 43% above the average November 2009 terraced price in the Bexley local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

37 ARRAN CLOSE Sold Prices

Land registry data shows two sales for 37 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 37 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
2009 4 NOV	£270,000	£189,144	43% above HPI
1997 28 JUL	£75,000	£67,663	11% above HPI

37 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 37 ARRAN CLOSE sales from July 1997 and November 2009 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 July 1997 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2009 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 37 ARRAN CLOSE be worth now?

37 ARRAN CLOSE might now be worth an estimated £588,095.

This is based on house price inflation of 117.8%, between November 2009 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 117.8% inflationary increase is applied to the most recent sale price for 37 ARRAN CLOSE of £270,000 on 4th November 2009. For the value to have increased from £270,000 to £588,095 over the seventeen years and seven months to April 2026, the following assumptions must hold true:

• The value of 37 ARRAN CLOSE has moved in line with the HPI for terraced houses in the Bexley local authority area.
• The November 2009 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 37 ARRAN CLOSE has not materially changed since November 2009.

How Large is 37 ARRAN CLOSE?

37 ARRAN CLOSE is 148m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the largest 30% 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 37 ARRAN CLOSE lies on this distribution: 79% of terraced houses houses are smaller than 37 ARRAN CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Erith.

37 ARRAN CLOSE: Plot and Title Map

37 ARRAN CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 37 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 37 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 37 ARRAN CLOSE?

37 ARRAN CLOSE is located in ERITH, in the DA8 postcode district. The below map shows the position of No. 37 on ARRAN CLOSE.