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
141 POVEREST ROAD is a very small extended detached house of 71m², built sometime between 1930 and 1949. It was last sold for £465,000 in March 2017, which was around 46% below the average March 2017 detached price in the Bromley local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows four sales for 141 POVEREST ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the four 141 POVEREST 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 |
---|---|---|---|
2017 28 MAR | £465,000 | £856,737 | 46% below HPI |
2015 18 MAR | £325,000 | £730,613 | 56% below HPI |
2013 9 DEC | £262,500 | £620,215 | 58% below HPI |
2011 28 OCT | £240,000 | £555,521 | 57% below HPI |
The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The four 141 POVEREST ROAD sales between October 2011 and March 2017 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 2015 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the March 2017 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.
141 POVEREST ROAD is 71m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of detached houses in Orpington, based on EPC data. The below chart shows the distribution of detached houses by size in Orpington, and where 141 POVEREST ROAD lies on this distribution: 4% of detached houses are smaller than 141 POVEREST ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Orpington.
141 POVEREST ROAD sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 141 POVEREST 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 141 POVEREST 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.
141 POVEREST ROAD is located in ORPINGTON, in the BR5 postcode district. The below map shows the position of No. 141 on POVEREST ROAD.