2, PALMER DRIVE, BROMLEY, BR1 2FP - £940,000

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 PALMER DRIVE is a large detached house of 208m², built sometime from 2007 onwards. It was last sold for £940,000 in October 2015, which was around 18% above the average October 2015 detached price in the Bromley local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was C.

2 PALMER DRIVE Sold Prices

Land registry data shows two sales for 2 PALMER DRIVE 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 PALMER DRIVE 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
2015 29 OCT	£940,000	£795,595	18% above HPI
2007 7 DEC	£813,950	£561,388	45% above HPI

2 PALMER 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 two 2 PALMER DRIVE sales from December 2007 and October 2015 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 2007 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the October 2015 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 2 PALMER DRIVE?

2 PALMER DRIVE is 208m² according to the EPC inspection conducted in November 2009. This puts it in the largest 40% of detached houses in Chislehurst, based on EPC data. The below chart shows the distribution of detached houses by size in Chislehurst, and where 2 PALMER DRIVE lies on this distribution: 65% of detached houses are smaller than 2 PALMER DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Chislehurst.

2 PALMER DRIVE: Plot and Title Map

2 PALMER DRIVE sits on a plot of roughly 0.179 of an acre, or 725m². The below map shows the location of 2 PALMER 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 PALMER 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 PALMER DRIVE?

2 PALMER DRIVE is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 2 on PALMER DRIVE.