2, MAY AVENUE, ORPINGTON, BR5 2ED - £240,000

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 MAY AVENUE is a very small extended detached house of 80m², built sometime between 1930 and 1949. It was last sold for £240,000 in June 2012, which was around 57% below the average June 2012 detached price in the Bromley local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

2 MAY AVENUE Sold Prices

Land registry data shows two sales for 2 MAY 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 MAY AVENUE 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
2012 1 JUN	£240,000	£554,407	57% below HPI
1997 26 MAR	£87,500	£184,265	53% below HPI

2 MAY 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 MAY AVENUE sales from March 1997 and June 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 March 1997 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the June 2012 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 2 MAY AVENUE?

2 MAY AVENUE is 80m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% 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 MAY AVENUE lies on this distribution: 8% of detached houses are smaller than 2 MAY AVENUE, and 92% of houses are larger. Note that EPC data is not available for all properties in Orpington.

2 MAY AVENUE: Plot and Title Map

2 MAY AVENUE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 2 MAY 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 MAY 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 MAY AVENUE?

2 MAY AVENUE is located in ORPINGTON, in the BR5 postcode district. The below map shows the position of No. 2 on MAY AVENUE.