10, PROSPECT PLACE, BROMLEY, BR2 9HN - £399,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 PROSPECT PLACE is a very small detached house of 61m², built sometime between 1900 and 1929, which could now be worth an estimated £482,831. It was last sold for £399,950 in May 2016, which was around 54% below the average May 2016 detached price in the Bromley local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

10 PROSPECT PLACE Sold Prices

Land registry data shows three sales for 10 PROSPECT PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the three 10 PROSPECT PLACE 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
2016 19 MAY	£399,950	£869,703	54% below HPI
2013 30 AUG	£244,000	£622,778	61% below HPI
1999 3 AUG	£101,000	£269,195	62% below HPI

10 PROSPECT PLACE 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 three 10 PROSPECT PLACE sales between August 1999 and May 2016 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 August 2013 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the May 2016 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 10 PROSPECT PLACE be worth now?

10 PROSPECT PLACE might now be worth an estimated £482,831.

This is based on house price inflation of 20.7%, between May 2016 and December 2024, for detached houses, in the Bromley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.7% inflationary increase is applied to the most recent sale price for 10 PROSPECT PLACE of £399,950 on 19th May 2016. For the value to have increased from £399,950 to £482,831 over the seven years and five months to December 2024, the following assumptions must hold true:

• The value of 10 PROSPECT PLACE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The May 2016 sale price of £399,950 represented a fair market value for the property.
• The size, condition, and specification of 10 PROSPECT PLACE has not materially changed since May 2016.

How Large is 10 PROSPECT PLACE?

10 PROSPECT PLACE is 61m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of detached houses houses in Bromley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromley, and where 10 PROSPECT PLACE lies on this distribution: 1% of detached houses houses are smaller than 10 PROSPECT PLACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bromley.

10 PROSPECT PLACE: Plot and Title Map

10 PROSPECT PLACE sits on a plot of roughly 0.027 of an acre, or 111m². The below map shows the location of 10 PROSPECT PLACE, 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 10 PROSPECT PLACE). 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 10 PROSPECT PLACE?

10 PROSPECT PLACE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 10 on PROSPECT PLACE.