2, MEADOW WAY, ORPINGTON, BR6 8LW - £2,150,000

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 MEADOW WAY is a very large extended detached house of 237m², built sometime between 1996 and 2002. It was last sold for £2,150,000 in August 2021, which was around 127% above the average August 2021 detached price in the Bromley local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

2 MEADOW WAY Sold Prices

Land registry data shows two sales for 2 MEADOW WAY 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 MEADOW WAY 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
2021 17 AUG	£2,150,000	£946,086	127% above HPI
2016 16 SEP	£1,200,000	£859,983	40% above HPI

2 MEADOW WAY 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 MEADOW WAY sales from September 2016 and August 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 September 2016 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the August 2021 sale, where it rises to 127% above the HPI. The line then continues to track at 127% above the HPI.

How Large is 2 MEADOW WAY?

2 MEADOW WAY is 237m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 2 MEADOW WAY lies on this distribution: 83% of detached houses are smaller than 2 MEADOW WAY, and 17% of houses are larger. Note that EPC data is not available for all properties in London.

2 MEADOW WAY: Plot and Title Map

2 MEADOW WAY sits on a plot of roughly 0.311 of an acre, or 1,257m². The below map shows the location of 2 MEADOW WAY, 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 MEADOW WAY). 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 MEADOW WAY?

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