28, LOVELACE AVENUE, BROMLEY, BR2 8DQ - £725,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 LOVELACE AVENUE is a small detached house of 128m², built sometime between 1950 and 1966, which could now be worth an estimated £745,955. It was last sold for £725,000 in February 2022, which was around 29% below the average February 2022 detached price in the Bromley local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was C.

28 LOVELACE AVENUE Sold Prices

Land registry data shows two sales for 28 LOVELACE AVENUE 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 28 LOVELACE AVENUE 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
2022 1 FEB	£725,000	£1,027,580	29% below HPI
2017 18 MAY	£530,000	£900,015	41% below HPI

28 LOVELACE AVENUE 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 28 LOVELACE AVENUE sales from May 2017 and February 2022 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 2017 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 28 LOVELACE AVENUE be worth now?

28 LOVELACE AVENUE might now be worth an estimated £745,955.

This is based on house price inflation of 2.9%, between February 2022 and February 2025, for detached houses, in the Bromley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.9% inflationary increase is applied to the most recent sale price for 28 LOVELACE AVENUE of £725,000 on 1st February 2022. For the value to have increased from £725,000 to £745,955 over the three years to February 2025, the following assumptions must hold true:

• The value of 28 LOVELACE AVENUE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The February 2022 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of 28 LOVELACE AVENUE has not materially changed since February 2022.

How Large is 28 LOVELACE AVENUE?

28 LOVELACE AVENUE is 128m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 40% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 28 LOVELACE AVENUE lies on this distribution: 39% of detached houses houses are smaller than 28 LOVELACE AVENUE, and 60% of houses are larger. Note that EPC data is not available for all properties in London.

28 LOVELACE AVENUE: Plot and Title Map

28 LOVELACE AVENUE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 28 LOVELACE AVENUE, 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 28 LOVELACE AVENUE). 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 28 LOVELACE AVENUE?

28 LOVELACE AVENUE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 28 on LOVELACE AVENUE.