2, OAKLEY DRIVE, BROMLEY, BR2 8PP - £810,000

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 OAKLEY DRIVE is a large extended detached house of 182m², built sometime between 1930 and 1949. It was last sold for £810,000 in October 2020, which was around 8% below the average October 2020 detached price in the Bromley local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

2 OAKLEY DRIVE Sold Prices

Land registry data shows three sales for 2 OAKLEY DRIVE 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 OAKLEY DRIVE 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
2020 23 OCT	£810,000	£882,387	8% below HPI
2016 2 DEC	£578,000	£847,620	32% below HPI
2009 20 NOV	£365,000	£501,657	27% below HPI

2 OAKLEY DRIVE 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 OAKLEY DRIVE sales between November 2009 and October 2020 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 December 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 OAKLEY DRIVE?

2 OAKLEY DRIVE is 182m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 40% 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 OAKLEY DRIVE lies on this distribution: 69% of detached houses are smaller than 2 OAKLEY DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in London.

2 OAKLEY DRIVE: Plot and Title Map

2 OAKLEY DRIVE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 2 OAKLEY DRIVE, 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 OAKLEY DRIVE). 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 OAKLEY DRIVE?

2 OAKLEY DRIVE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 2 on OAKLEY DRIVE.