2, MADEIRA AVENUE, BROMLEY, BR1 4AY - £720,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 MADEIRA AVENUE is a very large extended semi-detached house of 260m², built sometime between 1900 and 1929. It was last sold for £720,000 in December 2012, which was around 26% above the average December 2012 detached price in the Bromley local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was C.

2 MADEIRA AVENUE Sold Prices

Land registry data shows two sales for 2 MADEIRA AVENUE 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 MADEIRA AVENUE sales were for above 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
2012 7 DEC	£720,000	£570,376	26% above HPI
2005 5 JAN	£535,000	£460,736	16% above HPI

2 MADEIRA AVENUE 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 MADEIRA AVENUE sales from January 2005 and December 2012 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 January 2005 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the December 2012 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 2 MADEIRA AVENUE?

2 MADEIRA AVENUE is 260m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 10% of detached houses in Bromley, based on EPC data. The below chart shows the distribution of detached houses by size in Bromley, and where 2 MADEIRA AVENUE lies on this distribution: 93% of detached houses are smaller than 2 MADEIRA AVENUE, and 7% of houses are larger. Note that EPC data is not available for all properties in Bromley.

2 MADEIRA AVENUE: Plot and Title Map

2 MADEIRA AVENUE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 2 MADEIRA AVENUE, 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 MADEIRA AVENUE). 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 MADEIRA AVENUE?

2 MADEIRA AVENUE is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 2 on MADEIRA AVENUE.