2, THE RIDGE, ORPINGTON, BR6 8AP - £1,065,000

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 RIDGE is a midsized extended detached house of 160m², built sometime between 1930 and 1949. It was last sold for £1,065,000 in June 2024, which was around 6% above the average June 2024 detached price in the Bromley local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

2 THE RIDGE Sold Prices

Land registry data shows three sales for 2 THE RIDGE 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. One of the three 2 THE RIDGE sales was for above the average price, whilst two 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
2024 14 JUN	£1,065,000	£1,001,689	6% above HPI
2018 11 OCT	£680,000	£890,004	24% below HPI
1995 27 JAN	£137,000	£168,188	19% below HPI

2 THE RIDGE 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 THE RIDGE sales between January 1995 and June 2024 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 2018 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2024 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 2 THE RIDGE?

2 THE RIDGE is 160m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 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 RIDGE lies on this distribution: 59% of detached houses are smaller than 2 THE RIDGE, and 41% of houses are larger. Note that EPC data is not available for all properties in London.

2 THE RIDGE: Plot and Title Map

2 THE RIDGE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 2 THE RIDGE, 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 RIDGE). 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 RIDGE?

2 THE RIDGE is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 2 on THE RIDGE.