37, ORCHARD CLOSE, BEXLEYHEATH, DA7 4RP - £495,000

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 ORCHARD CLOSE is a midsized semi-detached house of 131m², built sometime between 1930 and 1949, which could now be worth an estimated £592,560. It was last sold for £495,000 in August 2018, which was around 14% above the average August 2018 semi-detached price in the Bexley local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

37 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 37 ORCHARD CLOSE 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 37 ORCHARD CLOSE sales was for above the average price, whilst the other was 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
2018 9 AUG	£495,000	£434,063	14% above HPI
1995 6 MAY	£72,500	£79,483	9% below HPI

37 ORCHARD CLOSE 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 37 ORCHARD CLOSE sales from May 1995 and August 2018 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 May 1995 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2018 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 37 ORCHARD CLOSE be worth now?

37 ORCHARD CLOSE might now be worth an estimated £592,560.

This is based on house price inflation of 19.7%, between August 2018 and February 2025, 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 19.7% inflationary increase is applied to the most recent sale price for 37 ORCHARD CLOSE of £495,000 on 9th August 2018. For the value to have increased from £495,000 to £592,560 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 37 ORCHARD CLOSE has moved in line with the HPI for semi-detached houses in the Bexley local authority area.
• The August 2018 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 37 ORCHARD CLOSE has not materially changed since August 2018.

How Large is 37 ORCHARD CLOSE?

37 ORCHARD CLOSE is 131m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 50% of semi-detached houses houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in London, and where 37 ORCHARD CLOSE lies on this distribution: 41% of semi-detached houses houses are smaller than 37 ORCHARD CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in London.

37 ORCHARD CLOSE: Plot and Title Map

37 ORCHARD CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 37 ORCHARD 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 ORCHARD 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 ORCHARD CLOSE?

37 ORCHARD CLOSE is located in BEXLEYHEATH, in the DA7 postcode district. The below map shows the position of No. 37 on ORCHARD CLOSE.