21, GLASSMILL LANE, BROMLEY, BR2 0EJ - £750,000

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

21 GLASSMILL LANE is a very small detached house of 109m², built sometime between 2003 and 2006. It was last sold for £750,000 in December 2020, which was around 18% below the average December 2020 detached price in the Bromley local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

21 GLASSMILL LANE Sold Prices

Land registry data shows two sales for 21 GLASSMILL LANE 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 21 GLASSMILL LANE 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
2020 16 DEC	£750,000	£912,656	18% below HPI
2005 15 APR	£365,000	£451,737	19% below HPI

21 GLASSMILL LANE 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 21 GLASSMILL LANE sales from April 2005 and December 2020 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 April 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 21 GLASSMILL LANE?

21 GLASSMILL LANE is 109m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of detached houses in Bromley, based on EPC data. The below chart shows the distribution of detached houses by size in Bromley, and where 21 GLASSMILL LANE lies on this distribution: 11% of detached houses are smaller than 21 GLASSMILL LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bromley.

21 GLASSMILL LANE: Plot and Title Map

21 GLASSMILL LANE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 21 GLASSMILL LANE, 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 21 GLASSMILL LANE). 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 21 GLASSMILL LANE?

21 GLASSMILL LANE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 21 on GLASSMILL LANE.