5, THE DRIVE, SIDCUP, DA14 4ER - £475,000

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.

5 THE DRIVE is a very small detached house of 91m², built sometime between 1976 and 1982, which could now be worth an estimated £574,710. It was last sold for £475,000 in June 2018, which was around 21% below the average June 2018 detached price in the Bexley local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

5 THE DRIVE Sold Prices

Land registry data shows one sale for 5 THE DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2018 6 JUN	£475,000	£600,792	21% below HPI

What might 5 THE DRIVE be worth now?

5 THE DRIVE might now be worth an estimated £574,710.

This is based on house price inflation of 21%, between June 2018 and May 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 21% inflationary increase is applied to the most recent sale price for 5 THE DRIVE of £475,000 on 6th June 2018. For the value to have increased from £475,000 to £574,710 over the eight years and one month to May 2026, the following assumptions must hold true:

• The value of 5 THE DRIVE has moved in line with the HPI for detached houses in the Bexley local authority area.
• The June 2018 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE DRIVE has not materially changed since June 2018.

How Large is 5 THE DRIVE?

5 THE DRIVE is 91m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Sidcup, based on EPC data. The below chart shows the distribution of detached houses by size in Sidcup, and where 5 THE DRIVE lies on this distribution: 14% of detached houses are smaller than 5 THE DRIVE, and 86% of detached houses are larger. Note that EPC data is not available for all properties in Sidcup.

5 THE DRIVE: Plot

5 THE DRIVE sits on a plot of roughly 0.110 of an acre, or 446m².

Where is 5 THE DRIVE?

5 THE DRIVE is located in SIDCUP, in the DA14 postcode district.