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 THE SPINNEYS is a midsized extended detached house of 162m², built sometime between 1967 and 1975. It was last sold for £545,000 in August 2008, which was around 2% above the average August 2008 detached price in the Bromley local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 16 THE SPINNEYS since 1st 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 16 THE SPINNEYS sales were for above 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 |
---|---|---|---|
2008 6 AUG | £545,000 | £535,396 | 2% above HPI |
2002 16 APR | £395,000 | £354,311 | 11% above HPI |
1996 22 OCT | £197,000 | £176,216 | 12% above HPI |
The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The three 16 THE SPINNEYS sales between October 1996 and August 2008 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 2002 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2008 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.
16 THE SPINNEYS is 162m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 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 16 THE SPINNEYS lies on this distribution: 60% of detached houses are smaller than 16 THE SPINNEYS, and 40% of houses are larger. Note that EPC data is not available for all properties in London.
16 THE SPINNEYS sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of 16 THE SPINNEYS, 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 THE SPINNEYS). 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 THE SPINNEYS is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 16 on THE SPINNEYS.