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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

21 GLASSMILL LANE is a very small detached house of 109m², built sometime between 2003 and 2006, which could now be worth an estimated £833,921. It was last sold for £750,000 in December 2020, which was around 21% 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	£950,882	21% below HPI
2005 15 APR	£365,000	£470,657	22% 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 21 GLASSMILL LANE be worth now?

21 GLASSMILL LANE might now be worth an estimated £833,921.

This is based on house price inflation of 11.2%, between December 2020 and February 2025, for detached houses, in the Bromley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.2% inflationary increase is applied to the most recent sale price for 21 GLASSMILL LANE of £750,000 on 16th December 2020. For the value to have increased from £750,000 to £833,921 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 21 GLASSMILL LANE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The December 2020 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 21 GLASSMILL LANE has not materially changed since December 2020.

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 houses in Bromley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromley, and where 21 GLASSMILL LANE lies on this distribution: 12% of detached houses 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.