48, BOURNE ROAD, BEXLEY, DA5 1LU - £400,000

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.

48 BOURNE ROAD is a very small terraced house of 74m², built sometime between 1900 and 1929, which could now be worth an estimated £451,767. It was last sold for £400,000 in June 2021, which was around 10% above the average June 2021 terraced price in the Bexley local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

48 BOURNE ROAD Sold Prices

Land registry data shows four sales for 48 BOURNE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Bexley local authority area for the corresponding sale date. Most of the four 48 BOURNE ROAD 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
2021 29 JUN	£400,000	£363,487	10% above HPI
2005 23 NOV	£190,000	£180,625	5% above HPI
1999 1 JUN	£92,995	£80,936	15% above HPI
1996 7 MAY	£55,000	£62,025	11% below HPI

48 BOURNE 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 four 48 BOURNE ROAD sales between May 1996 and June 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 November 2005 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 48 BOURNE ROAD be worth now?

48 BOURNE ROAD might now be worth an estimated £451,767.

This is based on house price inflation of 12.9%, between June 2021 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 12.9% inflationary increase is applied to the most recent sale price for 48 BOURNE ROAD of £400,000 on 29th June 2021. For the value to have increased from £400,000 to £451,767 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 48 BOURNE ROAD has moved in line with the HPI for terraced houses in the Bexley local authority area.
• The June 2021 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 48 BOURNE ROAD has not materially changed since June 2021.

How Large is 48 BOURNE ROAD?

48 BOURNE ROAD is 74m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of terraced houses houses in Bexley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bexley, and where 48 BOURNE ROAD lies on this distribution: 2% of terraced houses houses are smaller than 48 BOURNE ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Bexley.

48 BOURNE ROAD: Plot and Title Map

48 BOURNE ROAD sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 48 BOURNE 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 48 BOURNE 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 48 BOURNE ROAD?

48 BOURNE ROAD is located in BEXLEY, in the DA5 postcode district. The below map shows the position of No. 48 on BOURNE ROAD.