18, CROSS ROAD, BROMLEY, BR2 8PH - £715,000

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

18 CROSS ROAD is a small extended detached house of 112m², built sometime between 1900 and 1929. It was last sold for £715,000 in February 2022, which was around 28% below the average February 2022 detached price in the Bromley local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

18 CROSS ROAD Sold Prices

Land registry data shows two sales for 18 CROSS 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 CROSS 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
2022 25 FEB	£715,000	£986,271	28% below HPI
2017 28 MAR	£505,000	£856,737	41% below HPI

18 CROSS 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 CROSS ROAD sales from March 2017 and February 2022 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 2017 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 18 CROSS ROAD?

18 CROSS ROAD is 112m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 30% 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 CROSS ROAD lies on this distribution: 28% of detached houses are smaller than 18 CROSS ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in London.

18 CROSS ROAD: Plot and Title Map

18 CROSS ROAD sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 18 CROSS 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 CROSS 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 CROSS ROAD?

18 CROSS ROAD is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 18 on CROSS ROAD.