55, MILL ROAD, ERITH, DA8 1HW - £460,000

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.

55 MILL ROAD is a midsized extended detached house of 156m², built sometime before 1900, which could now be worth an estimated £567,351. It was last sold for £460,000 in November 2017, which was around 22% below the average November 2017 detached price in the Bexley local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

55 MILL ROAD Sold Prices

Land registry data shows three sales for 55 MILL ROAD 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 55 MILL 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
2017 23 NOV	£460,000	£590,003	22% below HPI
2016 10 OCT	£300,000	£580,158	48% below HPI
1998 29 MAY	£115,000	£147,813	22% below HPI

55 MILL ROAD 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 55 MILL ROAD sales between May 1998 and November 2017 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 October 2016 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the November 2017 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 55 MILL ROAD be worth now?

55 MILL ROAD might now be worth an estimated £567,351.

This is based on house price inflation of 23.3%, between November 2017 and April 2026, 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 23.3% inflationary increase is applied to the most recent sale price for 55 MILL ROAD of £460,000 on 23rd November 2017. For the value to have increased from £460,000 to £567,351 over the nine years and seven months to April 2026, the following assumptions must hold true:

• The value of 55 MILL ROAD has moved in line with the HPI for detached houses in the Bexley local authority area.
• The November 2017 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 55 MILL ROAD has not materially changed since November 2017.

How Large is 55 MILL ROAD?

55 MILL ROAD is 156m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 50% 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 55 MILL ROAD lies on this distribution: 56% of detached houses houses are smaller than 55 MILL ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in London.

55 MILL ROAD: Plot and Title Map

55 MILL ROAD sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 55 MILL 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 55 MILL 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 55 MILL ROAD?

55 MILL ROAD is located in ERITH, in the DA8 postcode district. The below map shows the position of No. 55 on MILL ROAD.