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
16 FALCON AVENUE is a very small detached house of 48m², built sometime between 1950 and 1966. It was last sold for £825,000 in October 2016, which was around 2% below the average October 2016 detached price in the Bromley local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 16 FALCON AVENUE 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 16 FALCON AVENUE 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 |
---|---|---|---|
2016 14 OCT | £825,000 | £845,135 | 2% below HPI |
2006 6 OCT | £365,000 | £487,456 | 25% 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 16 FALCON AVENUE sales from October 2006 and October 2016 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 October 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2016 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.
16 FALCON AVENUE is 48m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 16 FALCON AVENUE lies on this distribution: 1% of detached houses are smaller than 16 FALCON AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in London.
16 FALCON AVENUE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 16 FALCON AVENUE, 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 FALCON AVENUE). 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.
16 FALCON AVENUE is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 16 on FALCON AVENUE.