255, POVEREST ROAD, PETTS WOOD, ORPINGTON, BR5 1GY - £499,000

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

255 POVEREST ROAD is a large extended detached house of 145m², built sometime between 1967 and 1975. It was last sold for £499,000 in December 2011, which was around 10% below the average December 2011 detached price in the Bromley local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

255 POVEREST ROAD Sold Prices

Land registry data shows two sales for 255 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. Both of the two 255 POVEREST ROAD 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
2011 2 DEC	£499,000	£554,670	10% below HPI
1998 27 FEB	£174,000	£214,907	19% below HPI

255 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 255 POVEREST ROAD sales from February 1998 and December 2011 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 February 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2011 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 255 POVEREST ROAD?

255 POVEREST ROAD is 145m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the largest 40% of detached houses in Orpington, based on EPC data. The below chart shows the distribution of detached houses by size in Orpington, and where 255 POVEREST ROAD lies on this distribution: 63% of detached houses are smaller than 255 POVEREST ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Orpington.

255 POVEREST ROAD: Plot and Title Map

255 POVEREST ROAD sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 255 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 255 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 255 POVEREST ROAD?

255 POVEREST ROAD is located in PETTS WOOD, in the BR5 postcode district. The below map shows the position of No. 255 on POVEREST ROAD.