12, REDGATE DRIVE, BROMLEY, BR2 7BT - £670,000

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

12 REDGATE DRIVE is a midsized detached house of 140m², built sometime between 1900 and 1929. It was last sold for £670,000 in April 2014, which was around 3% above the average April 2014 detached price in the Bromley local authority area. The most recent EPC inspection was February 2009, where the current energy rating was F, and the potential energy rating was E.

12 REDGATE DRIVE Sold Prices

Land registry data shows two sales for 12 REDGATE 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 12 REDGATE DRIVE 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
2014 25 APR	£670,000	£647,626	3% above HPI
2007 5 APR	£680,000	£509,623	33% above HPI

12 REDGATE 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 12 REDGATE DRIVE sales from April 2007 and April 2014 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 April 2007 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the April 2014 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 12 REDGATE DRIVE?

12 REDGATE DRIVE is 140m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 12 REDGATE DRIVE lies on this distribution: 47% of detached houses are smaller than 12 REDGATE DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in London.

12 REDGATE DRIVE: Plot and Title Map

12 REDGATE DRIVE sits on a plot of roughly 0.405 of an acre, or 1,638m². The below map shows the location of 12 REDGATE 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 12 REDGATE 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 12 REDGATE DRIVE?

12 REDGATE DRIVE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 12 on REDGATE DRIVE.