37, ELM ROAD, ERITH, DA8 2NN - £222,551

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 ELM ROAD is a very small extended terraced house of 79m², built sometime between 1900 and 1929, which could now be worth an estimated £358,274. It was last sold for £222,551 in February 2015, which was around 13% below the average February 2015 terraced price in the Bexley local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

37 ELM ROAD Sold Prices

Land registry data shows five sales for 37 ELM ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Bexley local authority area for the corresponding sale date. All of the five 37 ELM ROAD sales were for below 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 27 FEB	£222,551	£255,912	13% below HPI
2008 2 DEC	£161,000	£186,098	13% below HPI
2003 19 MAY	£138,500	£153,304	10% below HPI
2001 30 NOV	£94,500	£115,803	18% below HPI
1995 20 DEC	£37,000	£60,432	39% below HPI

37 ELM ROAD 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 five 37 ELM ROAD sales between December 1995 and February 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 December 2008 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2015 sale, which was also at 13% below the HPI.

What might 37 ELM ROAD be worth now?

37 ELM ROAD might now be worth an estimated £358,274.

This is based on house price inflation of 61%, between February 2015 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 61% inflationary increase is applied to the most recent sale price for 37 ELM ROAD of £222,551 on 27th February 2015. For the value to have increased from £222,551 to £358,274 over the ten years and ten months to April 2026, the following assumptions must hold true:

• The value of 37 ELM ROAD has moved in line with the HPI for terraced houses in the Bexley local authority area.
• The February 2015 sale price of £222,551 represented a fair market value for the property.
• The size, condition, and specification of 37 ELM ROAD has not materially changed since February 2015.

How Large is 37 ELM ROAD?

37 ELM ROAD is 79m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% 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 37 ELM ROAD lies on this distribution: 7% of terraced houses houses are smaller than 37 ELM ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in London.

37 ELM ROAD: Plot and Title Map

37 ELM ROAD sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 37 ELM ROAD, 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 ELM ROAD). 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 ELM ROAD?

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