2, MEADWAY, BECKENHAM, BR3 5NX - £1,000,000

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 MEADWAY is a large extended detached house of 199m², built sometime between 1930 and 1949. It was last sold for £1,000,000 in April 2014, which was around 54% above the average April 2014 detached price in the Bromley local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was C.

2 MEADWAY Sold Prices

Land registry data shows three sales for 2 MEADWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the three 2 MEADWAY 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
2014 17 APR	£1,000,000	£647,626	54% above HPI
2006 26 OCT	£850,000	£487,456	74% above HPI
2003 18 DEC	£500,000	£433,543	15% above HPI

2 MEADWAY 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 three 2 MEADWAY sales between December 2003 and April 2014 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 October 2006 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the April 2014 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 2 MEADWAY?

2 MEADWAY is 199m², which includes two extensions, according to the EPC inspection conducted in August 2013. This puts it in the largest 40% of detached houses in Beckenham, based on EPC data. The below chart shows the distribution of detached houses by size in Beckenham, and where 2 MEADWAY lies on this distribution: 65% of detached houses are smaller than 2 MEADWAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Beckenham.

2 MEADWAY: Plot and Title Map

2 MEADWAY sits on a plot of roughly 0.176 of an acre, or 713m². The below map shows the location of 2 MEADWAY, 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 MEADWAY). 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 MEADWAY?

2 MEADWAY is located in BECKENHAM, in the BR3 postcode district. The below map shows the position of No. 2 on MEADWAY.