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
278 MAIN ROAD is a very small detached house of 69m², built sometime between 1930 and 1949. It was last sold for £315,000 in April 2014, which was around 51% below the average April 2014 detached price in the Bromley local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 278 MAIN ROAD since 1st 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 278 MAIN 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 |
---|---|---|---|
2014 4 APR | £315,000 | £647,626 | 51% below HPI |
2007 8 JUN | £325,000 | £518,403 | 37% below HPI |
2001 27 APR | £137,500 | £326,841 | 58% below HPI |
The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The three 278 MAIN ROAD sales between April 2001 and April 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 June 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2014 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.
278 MAIN ROAD is 69m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses in Biggin Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Biggin Hill, and where 278 MAIN ROAD lies on this distribution: 3% of detached houses are smaller than 278 MAIN ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Biggin Hill.
278 MAIN ROAD sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 278 MAIN 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 278 MAIN 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.
278 MAIN ROAD is located in BIGGIN HILL, in the TN16 postcode district. The below map shows the position of No. 278 on MAIN ROAD.