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
2 BANCROFT GARDENS is a midsized extended detached house of 130m², built sometime between 1967 and 1975. It was last sold for £635,000 in June 2019, which was around 25% below the average June 2019 detached price in the Bromley local authority area. The most recent EPC inspection was March 2019, where the current energy rating was F, and the potential energy rating was E.
Land registry data shows two sales for 2 BANCROFT GARDENS since 1st 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 2 BANCROFT GARDENS 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 |
---|---|---|---|
2019 5 JUN | £635,000 | £849,183 | 25% below HPI |
2002 22 JUL | £305,000 | £379,838 | 20% below HPI |
The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The two 2 BANCROFT GARDENS sales from July 2002 and June 2019 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 July 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
2 BANCROFT GARDENS is 130m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 50% of detached houses in Orpington, based on EPC data. The below chart shows the distribution of detached houses by size in Orpington, and where 2 BANCROFT GARDENS lies on this distribution: 51% of detached houses are smaller than 2 BANCROFT GARDENS, and 48% of houses are larger. Note that EPC data is not available for all properties in Orpington.
2 BANCROFT GARDENS sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 2 BANCROFT GARDENS, 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 2 BANCROFT GARDENS). 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.
2 BANCROFT GARDENS is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 2 on BANCROFT GARDENS.