16, ARRAN CLOSE, ERITH, DA8 3SL - £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.

16 ARRAN CLOSE is a midsized terraced house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £454,747. It was last sold for £245,000 in February 2014, which was around 10% above the average February 2014 terraced price in the Bexley local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

16 ARRAN CLOSE Sold Prices

Land registry data shows one sale for 16 ARRAN CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2014 10 FEB	£245,000	£221,959	10% above HPI

What might 16 ARRAN CLOSE be worth now?

16 ARRAN CLOSE might now be worth an estimated £454,747.

This is based on house price inflation of 85.6%, between February 2014 and April 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 85.6% inflationary increase is applied to the most recent sale price for 16 ARRAN CLOSE of £245,000 on 10th February 2014. For the value to have increased from £245,000 to £454,747 over the eleven years and ten months to April 2026, the following assumptions must hold true:

• The value of 16 ARRAN CLOSE has moved in line with the HPI for terraced houses in the Bexley local authority area.
• The February 2014 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ARRAN CLOSE has not materially changed since February 2014.

How Large is 16 ARRAN CLOSE?

16 ARRAN CLOSE is 92m² according to the EPC inspection conducted in September 2013. This puts it in the largest 50% of terraced houses in Erith, based on EPC data. The below chart shows the distribution of terraced houses by size in Erith, and where 16 ARRAN CLOSE lies on this distribution: 58% of terraced houses are smaller than 16 ARRAN CLOSE, and 40% of terraced houses are larger. Note that EPC data is not available for all properties in Erith.

16 ARRAN CLOSE: Plot

16 ARRAN CLOSE sits on a plot of roughly 0.044 of an acre, or 177m².

Where is 16 ARRAN CLOSE?

16 ARRAN CLOSE is located in ERITH, in the DA8 postcode district.