3, CHADD DRIVE, BROMLEY, BR1 2DP - £500,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 CHADD DRIVE is a midsized extended detached house of 132m², built sometime between 1983 and 1990, which could now be worth an estimated £975,460. It was last sold for £500,000 in March 2010, which was around 8% below the average March 2010 detached price in the Bromley local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

3 CHADD DRIVE Sold Prices

Land registry data shows four sales for 3 CHADD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. Most of the four 3 CHADD DRIVE 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 31 MAR	£500,000	£541,939	8% below HPI
2008 18 JUL	£530,000	£565,641	6% below HPI
2003 29 AUG	£410,000	£443,090	7% below HPI
1997 13 MAR	£199,000	£191,983	4% above HPI

3 CHADD DRIVE 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 four 3 CHADD DRIVE sales between March 1997 and March 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 July 2008 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2010 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 3 CHADD DRIVE be worth now?

3 CHADD DRIVE might now be worth an estimated £975,460.

This is based on house price inflation of 95.1%, between March 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 95.1% inflationary increase is applied to the most recent sale price for 3 CHADD DRIVE of £500,000 on 31st March 2010. For the value to have increased from £500,000 to £975,460 over the fifteen years and one month to February 2025, the following assumptions must hold true:

• The value of 3 CHADD DRIVE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The March 2010 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHADD DRIVE has not materially changed since March 2010.

How Large is 3 CHADD DRIVE?

3 CHADD DRIVE is 132m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% 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 3 CHADD DRIVE lies on this distribution: 42% of detached houses houses are smaller than 3 CHADD DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in London.

3 CHADD DRIVE: Plot and Title Map

3 CHADD DRIVE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 3 CHADD DRIVE, 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 3 CHADD DRIVE). 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 3 CHADD DRIVE?

3 CHADD DRIVE is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 3 on CHADD DRIVE.