24, ROMNEY DRIVE, BROMLEY, BR1 2TE - £819,034

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

24 ROMNEY DRIVE is a small detached house of 127m², built sometime between 1983 and 1990. It was last sold for £819,034 in May 2023, which was around 19% below the average May 2023 detached price in the Bromley local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

24 ROMNEY DRIVE Sold Prices

Land registry data shows three sales for 24 ROMNEY DRIVE 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. All of the three 24 ROMNEY DRIVE 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
2023 31 MAY	£819,034	£1,016,260	19% below HPI
2014 31 MAR	£548,000	£631,251	13% below HPI
2010 2 NOV	£410,000	£547,838	25% below HPI

24 ROMNEY DRIVE 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 24 ROMNEY DRIVE sales between November 2010 and May 2023 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 March 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 24 ROMNEY DRIVE?

24 ROMNEY DRIVE is 127m² according to the EPC inspection conducted in July 2020. 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 24 ROMNEY DRIVE lies on this distribution: 39% of detached houses are smaller than 24 ROMNEY DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in London.

24 ROMNEY DRIVE: Plot and Title Map

24 ROMNEY DRIVE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 24 ROMNEY DRIVE, 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 24 ROMNEY DRIVE). 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 24 ROMNEY DRIVE?

24 ROMNEY DRIVE is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 24 on ROMNEY DRIVE.