2, LANCING ROAD, ORPINGTON, BR6 0QT - £695,000

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

2 LANCING ROAD is a large extended detached house of 142m², built sometime between 1950 and 1966. It was last sold for £695,000 in January 2018, which was around 21% below the average January 2018 detached price in the Bromley local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was B.

2 LANCING ROAD Sold Prices

Land registry data shows two sales for 2 LANCING 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 2 LANCING 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
2018 11 JAN	£695,000	£875,830	21% below HPI
1998 17 APR	£210,000	£217,344	3% below HPI

2 LANCING 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 2 LANCING ROAD sales from April 1998 and January 2018 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 1998 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 LANCING ROAD?

2 LANCING ROAD is 142m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 40% 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 LANCING ROAD lies on this distribution: 61% of detached houses are smaller than 2 LANCING ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Orpington.

2 LANCING ROAD: Plot and Title Map

2 LANCING ROAD sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 2 LANCING 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 2 LANCING 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 2 LANCING ROAD?

2 LANCING ROAD is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 2 on LANCING ROAD.