51, PICKFORD LANE, BEXLEYHEATH, DA7 4QU - £436,000

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.

51 PICKFORD LANE is a very small detached house of 77m², built sometime between 1930 and 1949, which could now be worth an estimated £515,308. It was last sold for £436,000 in March 2020, which was around 28% below the average March 2020 detached price in the Bexley local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was B.

51 PICKFORD LANE Sold Prices

Land registry data shows three sales for 51 PICKFORD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bexley local authority area for the corresponding sale date. All of the three 51 PICKFORD LANE 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
2020 27 MAR	£436,000	£602,141	28% below HPI
2009 2 JUL	£230,000	£316,235	27% below HPI
1999 30 APR	£115,000	£157,068	27% below HPI

51 PICKFORD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bexley local authority area over time, sourced from the HPI. The three 51 PICKFORD LANE sales between April 1999 and March 2020 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 2009 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 51 PICKFORD LANE be worth now?

51 PICKFORD LANE might now be worth an estimated £515,308.

This is based on house price inflation of 18.2%, between March 2020 and March 2025, for 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 18.2% inflationary increase is applied to the most recent sale price for 51 PICKFORD LANE of £436,000 on 27th March 2020. For the value to have increased from £436,000 to £515,308 over the five years to March 2025, the following assumptions must hold true:

• The value of 51 PICKFORD LANE has moved in line with the HPI for detached houses in the Bexley local authority area.
• The March 2020 sale price of £436,000 represented a fair market value for the property.
• The size, condition, and specification of 51 PICKFORD LANE has not materially changed since March 2020.

How Large is 51 PICKFORD LANE?

51 PICKFORD LANE is 77m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 51 PICKFORD LANE lies on this distribution: 6% of detached houses houses are smaller than 51 PICKFORD LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in London.

51 PICKFORD LANE: Plot and Title Map

51 PICKFORD LANE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 51 PICKFORD LANE, 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 51 PICKFORD LANE). 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 51 PICKFORD LANE?

51 PICKFORD LANE is located in BEXLEYHEATH, in the DA7 postcode district. The below map shows the position of No. 51 on PICKFORD LANE.