18, ROMNEY DRIVE, BROMLEY, BR1 2TE - £740,000

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 ROMNEY DRIVE is a small detached house of 113m², built sometime between 1967 and 1975. It was last sold for £740,000 in December 2020, which was around 19% below the average December 2020 detached price in the Bromley local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

18 ROMNEY DRIVE Sold Prices

Land registry data shows two sales for 18 ROMNEY DRIVE 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 ROMNEY DRIVE 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
2020 7 DEC	£740,000	£912,656	19% below HPI
2018 26 APR	£650,000	£866,050	25% below HPI

18 ROMNEY DRIVE 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 ROMNEY DRIVE sales from April 2018 and December 2020 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 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2020 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 18 ROMNEY DRIVE?

18 ROMNEY DRIVE is 113m² according to the EPC inspection conducted in October 2017. 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 ROMNEY DRIVE lies on this distribution: 29% of detached houses are smaller than 18 ROMNEY DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in London.

18 ROMNEY DRIVE: Plot and Title Map

18 ROMNEY DRIVE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 18 ROMNEY DRIVE, 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 ROMNEY DRIVE). 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 ROMNEY DRIVE?

18 ROMNEY DRIVE is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 18 on ROMNEY DRIVE.