2, OAK GROVE ROAD, LONDON, SE20 7RQ - £335,000

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 OAK GROVE ROAD is a small detached house of 111m², built sometime between 1900 and 1929. It was last sold for £335,000 in March 2018, which was around 61% below the average March 2018 detached price in the Bromley local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was C.

2 OAK GROVE ROAD Sold Prices

Land registry data shows four sales for 2 OAK GROVE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the four 2 OAK GROVE 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 13 MAR	£335,000	£866,970	61% below HPI
2018 29 JAN	£321,000	£875,830	63% below HPI
2006 31 JUL	£247,500	£470,304	47% below HPI
1995 20 JAN	£57,000	£168,188	66% below HPI

2 OAK GROVE 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 four 2 OAK GROVE ROAD sales between January 1995 and March 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 January 2018 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the March 2018 sale, where it rises to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is 2 OAK GROVE ROAD?

2 OAK GROVE ROAD is 111m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 30% 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 OAK GROVE ROAD lies on this distribution: 28% of detached houses are smaller than 2 OAK GROVE ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in London.

2 OAK GROVE ROAD: Plot and Title Map

2 OAK GROVE ROAD sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 2 OAK GROVE 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 OAK GROVE 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 OAK GROVE ROAD?

2 OAK GROVE ROAD is located in LONDON, in the SE20 postcode district. The below map shows the position of No. 2 on OAK GROVE ROAD.