Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 FALCON AVENUE is a large extended detached house of 192m², built sometime between 1930 and 1949. It was last sold for £571,000 in October 2009, which was around 15% above the average October 2009 detached price in the Bromley local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows four sales for 1 FALCON AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the four 1 FALCON AVENUE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2009 23 OCT | £571,000 | £496,638 | 15% above HPI |
2007 25 MAY | £590,000 | £512,303 | 15% above HPI |
2002 14 NOV | £410,000 | £407,584 | 1% above HPI |
1997 27 JUN | £195,000 | £189,969 | 3% above HPI |
The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The four 1 FALCON AVENUE sales between June 1997 and October 2009 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2007 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2009 sale, which was also at 15% above the HPI.
1 FALCON AVENUE is 192m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 1 FALCON AVENUE lies on this distribution: 73% of detached houses are smaller than 1 FALCON AVENUE, and 27% of houses are larger. Note that EPC data is not available for all properties in London.
1 FALCON AVENUE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 1 FALCON AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 FALCON AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
1 FALCON AVENUE is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 1 on FALCON AVENUE.