2, THE CHENIES, PETTS WOOD, ORPINGTON, BR6 0ED - £1,140,000

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 THE CHENIES is a midsized detached house of 143m², built sometime between 1900 and 1929. It was last sold for £1,140,000 in June 2015, which was around 51% above the average June 2015 detached price in the Bromley local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was E.

2 THE CHENIES Sold Prices

Land registry data shows two sales for 2 THE CHENIES 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 THE CHENIES 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 2 JUN	£1,140,000	£752,504	51% above HPI
2012 27 MAR	£690,000	£547,280	26% above HPI

2 THE CHENIES 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 THE CHENIES sales from March 2012 and June 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 March 2012 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2015 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 2 THE CHENIES?

2 THE CHENIES is 143m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 50% 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 THE CHENIES lies on this distribution: 50% of detached houses are smaller than 2 THE CHENIES, and 50% of houses are larger. Note that EPC data is not available for all properties in London.

2 THE CHENIES: Plot and Title Map

2 THE CHENIES sits on a plot of roughly 0.225 of an acre, or 911m². The below map shows the location of 2 THE CHENIES, 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 THE CHENIES). 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 THE CHENIES?

2 THE CHENIES is located in PETTS WOOD, in the BR6 postcode district. The below map shows the position of No. 2 on THE CHENIES.