29, LAUREL GROVE, LONDON, SE20 8QJ - £405,000

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.

29 LAUREL GROVE is a midsized detached house of 122m², built sometime between 1900 and 1929, which could now be worth an estimated £775,789. It was last sold for £405,000 in May 2010, which was around 27% below the average May 2010 detached price in the Bromley local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was B.

29 LAUREL GROVE Sold Prices

Land registry data shows three sales for 29 LAUREL GROVE since 1^st 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 29 LAUREL GROVE 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
2010 6 MAY	£405,000	£551,952	27% below HPI
2005 15 AUG	£290,000	£469,642	38% below HPI
1999 29 NOV	£200,000	£284,444	30% below HPI

29 LAUREL GROVE 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 three 29 LAUREL GROVE sales between November 1999 and May 2010 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 August 2005 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2010 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 29 LAUREL GROVE be worth now?

29 LAUREL GROVE might now be worth an estimated £775,789.

This is based on house price inflation of 91.6%, between May 2010 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 91.6% inflationary increase is applied to the most recent sale price for 29 LAUREL GROVE of £405,000 on 6th May 2010. For the value to have increased from £405,000 to £775,789 over the fifteen years and three months to February 2025, the following assumptions must hold true:

• The value of 29 LAUREL GROVE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The May 2010 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 29 LAUREL GROVE has not materially changed since May 2010.

How Large is 29 LAUREL GROVE?

29 LAUREL GROVE is 122m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 50% of detached houses houses in Penge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penge, and where 29 LAUREL GROVE lies on this distribution: 42% of detached houses houses are smaller than 29 LAUREL GROVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Penge.

29 LAUREL GROVE: Plot and Title Map

29 LAUREL GROVE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 29 LAUREL GROVE, 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 29 LAUREL GROVE). 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 29 LAUREL GROVE?

29 LAUREL GROVE is located in LONDON, in the SE20 postcode district. The below map shows the position of No. 29 on LAUREL GROVE.