124, PETTS WOOD ROAD, PETTS WOOD, ORPINGTON, BR5 1LF - £260,000

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

124 PETTS WOOD ROAD is a small extended detached house of 105m², built sometime between 1930 and 1949. It was last sold for £260,000 in July 2000, which was around 18% below the average July 2000 detached price in the Bromley local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

124 PETTS WOOD ROAD Sold Prices

Land registry data shows two sales for 124 PETTS WOOD ROAD 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 124 PETTS WOOD ROAD 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
2000 3 JUL	£260,000	£316,091	18% below HPI
1997 27 AUG	£179,950	£201,101	11% below HPI

124 PETTS WOOD ROAD 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 124 PETTS WOOD ROAD sales from August 1997 and July 2000 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 1997 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2000 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 124 PETTS WOOD ROAD?

124 PETTS WOOD ROAD is 105m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 124 PETTS WOOD ROAD lies on this distribution: 23% of detached houses are smaller than 124 PETTS WOOD ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in London.

124 PETTS WOOD ROAD: Plot and Title Map

124 PETTS WOOD ROAD sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 124 PETTS WOOD ROAD, 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 124 PETTS WOOD ROAD). 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 124 PETTS WOOD ROAD?

124 PETTS WOOD ROAD is located in PETTS WOOD, in the BR5 postcode district. The below map shows the position of No. 124 on PETTS WOOD ROAD.