40, CHEVIOT CLOSE, BEXLEYHEATH, DA7 6SP - £327,500

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.

40 CHEVIOT CLOSE is a midsized terraced house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £420,269. It was last sold for £327,500 in February 2017, which was around 2% above the average February 2017 terraced price in the Bexley local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

40 CHEVIOT CLOSE Sold Prices

Land registry data shows one sale for 40 CHEVIOT 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
2017 1 FEB	£327,500	£319,910	2% above HPI

What might 40 CHEVIOT CLOSE be worth now?

40 CHEVIOT CLOSE might now be worth an estimated £420,269.

This is based on house price inflation of 28.3%, between February 2017 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 28.3% inflationary increase is applied to the most recent sale price for 40 CHEVIOT CLOSE of £327,500 on 1st February 2017. For the value to have increased from £327,500 to £420,269 over the eight years and nine months to May 2026, the following assumptions must hold true:

• The value of 40 CHEVIOT CLOSE has moved in line with the HPI for terraced houses in the Bexley local authority area.
• The February 2017 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of 40 CHEVIOT CLOSE has not materially changed since February 2017.

How Large is 40 CHEVIOT CLOSE?

40 CHEVIOT CLOSE is 87m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 50% of terraced houses in London, based on EPC data. The below chart shows the distribution of terraced houses by size in London, and where 40 CHEVIOT CLOSE lies on this distribution: 42% of terraced houses are smaller than 40 CHEVIOT CLOSE, and 56% of terraced houses are larger. Note that EPC data is not available for all properties in London.

40 CHEVIOT CLOSE: Plot

40 CHEVIOT CLOSE sits on a plot of roughly 0.085 of an acre, or 342m².

Where is 40 CHEVIOT CLOSE?

40 CHEVIOT CLOSE is located in BEXLEYHEATH, in the DA7 postcode district.