249, POVEREST ROAD, PETTS WOOD, ORPINGTON, BR5 1GY - £795,000

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

249 POVEREST ROAD is a midsized extended detached house of 129m², built sometime between 1930 and 1949. It was last sold for £795,000 in February 2018, which was around 9% below the average February 2018 detached price in the Bromley local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

249 POVEREST ROAD Sold Prices

Land registry data shows two sales for 249 POVEREST ROAD 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. One of the two 249 POVEREST ROAD sales was for below the average price, whilst the other was for above 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
2018 15 FEB	£795,000	£875,848	9% below HPI
1999 19 MAY	£275,000	£243,730	13% above HPI

249 POVEREST ROAD 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 249 POVEREST ROAD sales from May 1999 and February 2018 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 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2018 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 249 POVEREST ROAD?

249 POVEREST ROAD is 129m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 50% of detached houses in Orpington, based on EPC data. The below chart shows the distribution of detached houses by size in Orpington, and where 249 POVEREST ROAD lies on this distribution: 50% of detached houses are smaller than 249 POVEREST ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Orpington.

249 POVEREST ROAD: Plot and Title Map

249 POVEREST ROAD sits on a plot of roughly 0.222 of an acre, or 898m². The below map shows the location of 249 POVEREST ROAD, 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 249 POVEREST ROAD). 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 249 POVEREST ROAD?

249 POVEREST ROAD is located in PETTS WOOD, in the BR5 postcode district. The below map shows the position of No. 249 on POVEREST ROAD.