1, GRANGEWOOD LANE, BECKENHAM, BR3 1NT - £605,000

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 GRANGEWOOD LANE is a large extended detached house of 215m², built sometime between 1950 and 1966. It was last sold for £605,000 in November 2013, which was around 2% below the average November 2013 detached price in the Bromley local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was D.

1 GRANGEWOOD LANE Sold Prices

Land registry data shows two sales for 1 GRANGEWOOD LANE 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 GRANGEWOOD LANE 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
2013 25 NOV	£605,000	£615,076	2% below HPI
1997 31 OCT	£172,000	£208,945	18% below HPI

1 GRANGEWOOD LANE 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 GRANGEWOOD LANE sales from October 1997 and November 2013 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 October 1997 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2013 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 1 GRANGEWOOD LANE?

1 GRANGEWOOD LANE is 215m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 30% of detached houses in Beckenham, based on EPC data. The below chart shows the distribution of detached houses by size in Beckenham, and where 1 GRANGEWOOD LANE lies on this distribution: 73% of detached houses are smaller than 1 GRANGEWOOD LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Beckenham.

1 GRANGEWOOD LANE: Plot and Title Map

1 GRANGEWOOD LANE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 1 GRANGEWOOD LANE, 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 GRANGEWOOD LANE). 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 GRANGEWOOD LANE?

1 GRANGEWOOD LANE is located in BECKENHAM, in the BR3 postcode district. The below map shows the position of No. 1 on GRANGEWOOD LANE.