23, GRASMERE GARDENS, ORPINGTON, BR6 8HE - £450,000

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

23 GRASMERE GARDENS is a small extended detached house of 117m², built sometime between 1900 and 1929. It was last sold for £450,000 in July 2014, which was around 36% below the average July 2014 detached price in the Bromley local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

23 GRASMERE GARDENS Sold Prices

Land registry data shows two sales for 23 GRASMERE GARDENS 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 23 GRASMERE GARDENS 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
2014 1 JUL	£450,000	£700,944	36% below HPI
2001 20 APR	£250,000	£326,841	24% below HPI

23 GRASMERE GARDENS 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 23 GRASMERE GARDENS sales from April 2001 and July 2014 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 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2014 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 23 GRASMERE GARDENS?

23 GRASMERE GARDENS is 117m², which includes one extension, according to the EPC inspection conducted in March 2014. 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 23 GRASMERE GARDENS lies on this distribution: 32% of detached houses are smaller than 23 GRASMERE GARDENS, and 68% of houses are larger. Note that EPC data is not available for all properties in London.

23 GRASMERE GARDENS: Plot and Title Map

23 GRASMERE GARDENS sits on a plot of roughly 0.109 of an acre, or 439m². The below map shows the location of 23 GRASMERE GARDENS, 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 23 GRASMERE GARDENS). 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 23 GRASMERE GARDENS?

23 GRASMERE GARDENS is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 23 on GRASMERE GARDENS.