16, DERWENT DRIVE, PETTS WOOD, ORPINGTON, BR5 1EW - £565,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 DERWENT DRIVE is a very small semi-detached house of 53m², built sometime between 1950 and 1966, which could now be worth an estimated £661,647. It was last sold for £565,000 in September 2018, which was around 2% above the average September 2018 semi-detached price in the Bromley local authority area. The most recent EPC inspection was November 2008, where the current energy rating was F, and the potential energy rating was D.

16 DERWENT DRIVE Sold Prices

Land registry data shows two sales for 16 DERWENT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bromley local authority area for the corresponding sale date. One of the two 16 DERWENT DRIVE sales was for above the average price, whilst the other was 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
2018 14 SEP	£565,000	£553,480	2% above HPI
2016 17 MAR	£500,000	£513,786	3% below HPI

16 DERWENT DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bromley local authority area over time, sourced from the HPI. The two 16 DERWENT DRIVE sales from March 2016 and September 2018 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 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2018 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 16 DERWENT DRIVE be worth now?

16 DERWENT DRIVE might now be worth an estimated £661,647.

This is based on house price inflation of 17.1%, between September 2018 and February 2025, for semi-detached houses, in the Bromley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.1% inflationary increase is applied to the most recent sale price for 16 DERWENT DRIVE of £565,000 on 14th September 2018. For the value to have increased from £565,000 to £661,647 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 16 DERWENT DRIVE has moved in line with the HPI for semi-detached houses in the Bromley local authority area.
• The September 2018 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 16 DERWENT DRIVE has not materially changed since September 2018.

How Large is 16 DERWENT DRIVE?

16 DERWENT DRIVE is 53m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 10% of semi-detached houses houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in London, and where 16 DERWENT DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 16 DERWENT DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in London.

16 DERWENT DRIVE: Plot and Title Map

16 DERWENT DRIVE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 16 DERWENT 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 16 DERWENT 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 16 DERWENT DRIVE?

16 DERWENT DRIVE is located in PETTS WOOD, in the BR5 postcode district. The below map shows the position of No. 16 on DERWENT DRIVE.