8, THE DRIVE, ERITH, DA8 1ED - £238,000

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.

8 THE DRIVE is a large extended semi-detached house of 118m², built sometime between 1930 and 1949, which could now be worth an estimated £580,330. It was last sold for £238,000 in May 2004, which was around 10% above the average May 2004 semi-detached price in the Bexley local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.

8 THE DRIVE Sold Prices

Land registry data shows one sale for 8 THE DRIVE 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
2004 7 MAY	£238,000	£216,176	10% above HPI

What might 8 THE DRIVE be worth now?

8 THE DRIVE might now be worth an estimated £580,330.

This is based on house price inflation of 143.8%, between May 2004 and April 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 143.8% inflationary increase is applied to the most recent sale price for 8 THE DRIVE of £238,000 on 7th May 2004. For the value to have increased from £238,000 to £580,330 over the 22 years and one month to April 2026, the following assumptions must hold true:

• The value of 8 THE DRIVE has moved in line with the HPI for semi-detached houses in the Bexley local authority area.
• The May 2004 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE DRIVE has not materially changed since May 2004.

How Large is 8 THE DRIVE?

8 THE DRIVE is 118m², which includes three extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 40% 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 8 THE DRIVE lies on this distribution: 65% of semi-detached houses are smaller than 8 THE DRIVE, and 34% of semi-detached houses are larger. Note that EPC data is not available for all properties in London.

8 THE DRIVE: Plot

8 THE DRIVE sits on a plot of roughly 0.103 of an acre, or 418m².

Where is 8 THE DRIVE?

8 THE DRIVE is located in ERITH, in the DA8 postcode district.