11, OAKLEY DRIVE, BROMLEY, BR2 8PL - £565,000

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.

11 OAKLEY DRIVE is a midsized extended detached house of 160m², built sometime between 1930 and 1949, which could now be worth an estimated £655,171. It was last sold for £565,000 in February 2019, which was around 38% below the average February 2019 detached price in the Bromley local authority area. The most recent EPC inspection was March 2016, where the current energy rating was F, and the potential energy rating was C.

11 OAKLEY DRIVE Sold Prices

Land registry data shows two sales for 11 OAKLEY DRIVE 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 11 OAKLEY DRIVE 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
2019 22 FEB	£565,000	£911,767	38% below HPI
2001 30 MAR	£238,000	£337,086	29% below HPI

11 OAKLEY DRIVE 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 11 OAKLEY DRIVE sales from March 2001 and February 2019 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 March 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2019 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 11 OAKLEY DRIVE be worth now?

11 OAKLEY DRIVE might now be worth an estimated £655,171.

This is based on house price inflation of 16%, between February 2019 and February 2025, 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 16% inflationary increase is applied to the most recent sale price for 11 OAKLEY DRIVE of £565,000 on 22nd February 2019. For the value to have increased from £565,000 to £655,171 over the six years to February 2025, the following assumptions must hold true:

• The value of 11 OAKLEY DRIVE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The February 2019 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 11 OAKLEY DRIVE has not materially changed since February 2019.

How Large is 11 OAKLEY DRIVE?

11 OAKLEY DRIVE is 160m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 50% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 11 OAKLEY DRIVE lies on this distribution: 58% of detached houses houses are smaller than 11 OAKLEY DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in London.

11 OAKLEY DRIVE: Plot and Title Map

11 OAKLEY DRIVE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 11 OAKLEY DRIVE, 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 11 OAKLEY DRIVE). 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 11 OAKLEY DRIVE?

11 OAKLEY DRIVE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 11 on OAKLEY DRIVE.