18, CRAVEN ROAD, ORPINGTON, BR6 7RT - £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

18 CRAVEN ROAD is a very small extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £550,000 in March 2023, which was around 46% below the average March 2023 detached price in the Bromley local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

18 CRAVEN ROAD Sold Prices

Land registry data shows two sales for 18 CRAVEN ROAD since 1^st 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 18 CRAVEN 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
2023 30 MAR	£550,000	£1,021,829	46% below HPI
1995 29 SEP	£105,500	£166,481	37% below HPI

18 CRAVEN 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 two 18 CRAVEN ROAD sales from September 1995 and March 2023 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 September 1995 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2023 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 18 CRAVEN ROAD?

18 CRAVEN ROAD is 96m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 18 CRAVEN ROAD lies on this distribution: 17% of detached houses are smaller than 18 CRAVEN ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in London.

18 CRAVEN ROAD: Plot and Title Map

18 CRAVEN ROAD sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of 18 CRAVEN 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 18 CRAVEN 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 18 CRAVEN ROAD?

18 CRAVEN ROAD is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 18 on CRAVEN ROAD.