1B, HEATH SIDE, PETTS WOOD, ORPINGTON, BR5 1EY - £790,000

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

1B HEATH SIDE is a small extended detached house of 101m², built sometime between 1983 and 1990. It was last sold for £790,000 in January 2022, which was around 19% below the average January 2022 detached price in the Bromley local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

1B HEATH SIDE Sold Prices

Land registry data shows two sales for 1B HEATH SIDE 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 1B HEATH SIDE 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 13 JAN	£790,000	£979,854	19% below HPI
2016 24 MAR	£600,000	£830,813	28% below HPI

1B HEATH SIDE 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 1B HEATH SIDE sales from March 2016 and January 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 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 1B HEATH SIDE?

1B HEATH SIDE is 101m², which includes one extension, according to the EPC inspection conducted in July 2021. 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 1B HEATH SIDE lies on this distribution: 20% of detached houses are smaller than 1B HEATH SIDE, and 79% of houses are larger. Note that EPC data is not available for all properties in London.

1B HEATH SIDE: Plot and Title Map

1B HEATH SIDE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 1B HEATH SIDE, 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 1B HEATH SIDE). 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 1B HEATH SIDE?

1B HEATH SIDE is located in PETTS WOOD, in the BR5 postcode district. The below map shows the position of No. 1B on HEATH SIDE.