1B, LAKES ROAD, KESTON, BR2 6BN - £558,800

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1B LAKES ROAD is a very small extended detached house of 111m², built sometime between 1967 and 1975, which could now be worth an estimated £620,097. It was last sold for £558,800 in May 2021, which was around 41% below the average May 2021 detached price in the Bromley local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

1B LAKES ROAD Sold Prices

Land registry data shows two sales for 1B LAKES 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 1B LAKES 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
2021 27 MAY	£558,800	£952,767	41% below HPI
2018 17 DEC	£560,000	£920,548	39% below HPI

1B LAKES 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 1B LAKES ROAD sales from December 2018 and May 2021 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 December 2018 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2021 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 1B LAKES ROAD be worth now?

1B LAKES ROAD might now be worth an estimated £620,097.

This is based on house price inflation of 11%, between May 2021 and February 2025, for detached houses, in the Bromley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11% inflationary increase is applied to the most recent sale price for 1B LAKES ROAD of £558,800 on 27th May 2021. For the value to have increased from £558,800 to £620,097 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 1B LAKES ROAD has moved in line with the HPI for detached houses in the Bromley local authority area.
• The May 2021 sale price of £558,800 represented a fair market value for the property.
• The size, condition, and specification of 1B LAKES ROAD has not materially changed since May 2021.

How Large is 1B LAKES ROAD?

1B LAKES ROAD is 111m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of detached houses houses in Keston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Keston, and where 1B LAKES ROAD lies on this distribution: 16% of detached houses houses are smaller than 1B LAKES ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Keston.

1B LAKES ROAD: Plot and Title Map

1B LAKES ROAD sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 1B LAKES 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 1B LAKES 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 1B LAKES ROAD?

1B LAKES ROAD is located in KESTON, in the BR2 postcode district. The below map shows the position of No. 1B on LAKES ROAD.