1, GILROY WAY, ORPINGTON, BR5 4JD - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 GILROY WAY is a very small extended detached house of 63m², built sometime between 1930 and 1949. It was last sold for £275,000 in June 2011, which was around 49% below the average June 2011 detached price in the Bromley local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

1 GILROY WAY Sold Prices

Land registry data shows two sales for 1 GILROY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. Both of the two 1 GILROY WAY sales were for below 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
2011 14 JUN	£275,000	£542,986	49% below HPI
2007 11 MAY	£248,000	£512,303	52% below HPI

1 GILROY WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The two 1 GILROY WAY sales from May 2007 and June 2011 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 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the June 2011 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 1 GILROY WAY?

1 GILROY WAY is 63m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of detached houses in Orpington, based on EPC data. The below chart shows the distribution of detached houses by size in Orpington, and where 1 GILROY WAY lies on this distribution: 3% of detached houses are smaller than 1 GILROY WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Orpington.

1 GILROY WAY: Plot and Title Map

1 GILROY WAY sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 1 GILROY WAY, 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 GILROY WAY). 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.

Where is 1 GILROY WAY?

1 GILROY WAY is located in ORPINGTON, in the BR5 postcode district. The below map shows the position of No. 1 on GILROY WAY.