1, FARADAY ROAD, WELLING, DA16 2ET - £245,000

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.

1 FARADAY ROAD is a large extended semi-detached house of 140m², built sometime between 1930 and 1949, which could now be worth an estimated £520,631. It was last sold for £245,000 in May 2007, which was around 1% below the average May 2007 semi-detached price in the Bexley local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

1 FARADAY ROAD Sold Prices

Land registry data shows one sale for 1 FARADAY ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Bexley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 25 MAY	£245,000	£248,297	1% below HPI

What might 1 FARADAY ROAD be worth now?

1 FARADAY ROAD might now be worth an estimated £520,631.

This is based on house price inflation of 112.5%, between May 2007 and May 2026, 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 112.5% inflationary increase is applied to the most recent sale price for 1 FARADAY ROAD of £245,000 on 25th May 2007. For the value to have increased from £245,000 to £520,631 over the nineteen years to May 2026, the following assumptions must hold true:

• The value of 1 FARADAY ROAD has moved in line with the HPI for semi-detached houses in the Bexley local authority area.
• The May 2007 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FARADAY ROAD has not materially changed since May 2007.

How Large is 1 FARADAY ROAD?

1 FARADAY ROAD is 140m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 30% of semi-detached houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses by size in London, and where 1 FARADAY ROAD lies on this distribution: 79% of semi-detached houses are smaller than 1 FARADAY ROAD, and 20% of semi-detached houses are larger. Note that EPC data is not available for all properties in London.

1 FARADAY ROAD: Plot

1 FARADAY ROAD sits on a plot of roughly 0.062 of an acre, or 252m².

Where is 1 FARADAY ROAD?

1 FARADAY ROAD is located in WELLING, in the DA16 postcode district.