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
125 THE GROVE is a very small detached house of 88m², built sometime between 1930 and 1949. It was last sold for £730,000 in June 2024, which was around 27% below the average June 2024 detached price in the Bromley local authority area. The most recent EPC inspection was May 2017, where the current energy rating was F, and the potential energy rating was B.
Land registry data shows two sales for 125 THE GROVE since 1st 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 125 THE GROVE 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 |
---|---|---|---|
2024 26 JUN | £730,000 | £997,290 | 27% below HPI |
2018 9 MAR | £550,000 | £866,970 | 37% below HPI |
The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The two 125 THE GROVE sales from March 2018 and June 2024 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 2018 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2024 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.
125 THE GROVE is 88m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 125 THE GROVE lies on this distribution: 12% of detached houses are smaller than 125 THE GROVE, and 88% of houses are larger. Note that EPC data is not available for all properties in London.
125 THE GROVE sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 125 THE GROVE, 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 125 THE GROVE). 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.
125 THE GROVE is located in WEST WICKHAM, in the BR4 postcode district. The below map shows the position of No. 125 on THE GROVE.