2, THE MEAD, WEST WICKHAM, BR4 0BB - £615,000

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 MEAD is a small extended detached house of 124m², built sometime between 1900 and 1929. It was last sold for £615,000 in February 2019, which was around 30% below the average February 2019 detached price in the Bromley local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

2 THE MEAD Sold Prices

Land registry data shows two sales for 2 THE MEAD 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 MEAD 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
2019 18 FEB	£615,000	£875,113	30% below HPI
1995 25 OCT	£154,000	£167,522	8% below HPI

2 THE MEAD 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 MEAD sales from October 1995 and February 2019 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 1995 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 THE MEAD?

2 THE MEAD is 124m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the smallest 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 THE MEAD lies on this distribution: 37% of detached houses are smaller than 2 THE MEAD, and 63% of houses are larger. Note that EPC data is not available for all properties in London.

2 THE MEAD: Plot and Title Map

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

2 THE MEAD is located in WEST WICKHAM, in the BR4 postcode district. The below map shows the position of No. 2 on THE MEAD.