204, MEAD WAY, BROMLEY, BR2 9ET - £344,000

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

204 MEAD WAY is a very small detached house of 93m², built sometime between 1930 and 1949. It was last sold for £344,000 in January 2007, which was around 30% below the average January 2007 detached price in the Bromley local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

204 MEAD WAY Sold Prices

Land registry data shows two sales for 204 MEAD WAY 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 204 MEAD WAY 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
2007 5 JAN	£344,000	£494,709	30% below HPI
1999 28 MAY	£162,500	£243,730	33% below HPI

204 MEAD WAY 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 204 MEAD WAY sales from May 1999 and January 2007 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 May 1999 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2007 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 204 MEAD WAY?

204 MEAD WAY is 93m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 204 MEAD WAY lies on this distribution: 15% of detached houses are smaller than 204 MEAD WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in London.

204 MEAD WAY: Plot and Title Map

204 MEAD WAY sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 204 MEAD WAY, 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 204 MEAD WAY). 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 204 MEAD WAY?

204 MEAD WAY is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 204 on MEAD WAY.