15, FAIRFIELD ROAD, PETTS WOOD, ORPINGTON, BR5 1JR - £490,000

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

15 FAIRFIELD ROAD is a small extended detached house of 120m², built sometime between 1930 and 1949. It was last sold for £490,000 in September 2013, which was around 19% below the average September 2013 detached price in the Bromley local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

15 FAIRFIELD ROAD Sold Prices

Land registry data shows three sales for 15 FAIRFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the three 15 FAIRFIELD 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
2013 30 SEP	£490,000	£604,007	19% below HPI
2009 24 APR	£320,000	£465,532	31% below HPI
2001 31 MAY	£277,500	£328,055	15% below HPI

15 FAIRFIELD 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 three 15 FAIRFIELD ROAD sales between May 2001 and September 2013 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 2009 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2013 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 15 FAIRFIELD ROAD?

15 FAIRFIELD ROAD is 120m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 15 FAIRFIELD ROAD lies on this distribution: 34% of detached houses are smaller than 15 FAIRFIELD ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in London.

15 FAIRFIELD ROAD: Plot and Title Map

15 FAIRFIELD ROAD sits on a plot of roughly 0.174 of an acre, or 706m². The below map shows the location of 15 FAIRFIELD 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 15 FAIRFIELD 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 15 FAIRFIELD ROAD?

15 FAIRFIELD ROAD is located in PETTS WOOD, in the BR5 postcode district. The below map shows the position of No. 15 on FAIRFIELD ROAD.