16, THE WEALD, CHISLEHURST, BR7 5DT - £550,000

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

16 THE WEALD is a very small detached house of 100m², built sometime between 1930 and 1949. It was last sold for £550,000 in July 2013, which was around 7% below the average July 2013 detached price in the Bromley local authority area. The most recent EPC inspection was December 2010, where the current energy rating was E, and the potential energy rating was C.

16 THE WEALD Sold Prices

Land registry data shows five sales for 16 THE WEALD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the five 16 THE WEALD 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 26 JUL	£550,000	£588,451	7% below HPI
2011 17 FEB	£480,000	£545,354	12% below HPI
2006 19 DEC	£465,000	£493,328	6% below HPI
1996 20 AUG	£142,500	£172,488	17% below HPI
1995 13 OCT	£130,000	£167,522	22% below HPI

16 THE WEALD 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 five 16 THE WEALD sales between October 1995 and July 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 February 2011 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2013 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 16 THE WEALD?

16 THE WEALD is 100m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 10% of detached houses in Chislehurst, based on EPC data. The below chart shows the distribution of detached houses by size in Chislehurst, and where 16 THE WEALD lies on this distribution: 6% of detached houses are smaller than 16 THE WEALD, and 94% of houses are larger. Note that EPC data is not available for all properties in Chislehurst.

16 THE WEALD: Plot and Title Map

16 THE WEALD sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 16 THE WEALD, 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 WEALD). 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 THE WEALD?

16 THE WEALD is located in CHISLEHURST, in the BR7 postcode district. The below map shows the position of No. 16 on THE WEALD.