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
28 TIEPIGS LANE is a very small extended detached house of 97m², built sometime between 1930 and 1949. It was last sold for £535,000 in May 2014, which was around 19% below the average May 2014 detached price in the Bromley local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 28 TIEPIGS LANE 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 28 TIEPIGS LANE 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 23 MAY | £535,000 | £662,552 | 19% below HPI |
2003 17 DEC | £290,000 | £433,543 | 33% below HPI |
2002 22 FEB | £170,000 | £353,795 | 52% 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 28 TIEPIGS LANE sales between February 2002 and May 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 December 2003 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2014 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.
28 TIEPIGS LANE is 97m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 28 TIEPIGS LANE lies on this distribution: 18% of detached houses are smaller than 28 TIEPIGS LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in London.
28 TIEPIGS LANE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 28 TIEPIGS LANE, 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 TIEPIGS LANE). 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.
28 TIEPIGS LANE is located in WEST WICKHAM, in the BR4 postcode district. The below map shows the position of No. 28 on TIEPIGS LANE.