3, FAIRBANK AVENUE, ORPINGTON, BR6 8JY - £750,000

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 FAIRBANK AVENUE is a midsized extended detached house of 137m², built sometime between 1950 and 1966, which could now be worth an estimated £949,970. It was last sold for £750,000 in October 2015, which was around 10% below the average October 2015 detached price in the Bromley local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

3 FAIRBANK AVENUE Sold Prices

Land registry data shows two sales for 3 FAIRBANK 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 3 FAIRBANK 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
2015 30 OCT	£750,000	£828,918	10% below HPI
2002 26 FEB	£329,000	£368,613	11% below HPI

3 FAIRBANK 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 3 FAIRBANK AVENUE sales from February 2002 and October 2015 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 February 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2015 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 3 FAIRBANK AVENUE be worth now?

3 FAIRBANK AVENUE might now be worth an estimated £949,970.

This is based on house price inflation of 26.7%, between October 2015 and December 2024, 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 26.7% inflationary increase is applied to the most recent sale price for 3 FAIRBANK AVENUE of £750,000 on 30th October 2015. For the value to have increased from £750,000 to £949,970 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of 3 FAIRBANK AVENUE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The October 2015 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FAIRBANK AVENUE has not materially changed since October 2015.

How Large is 3 FAIRBANK AVENUE?

3 FAIRBANK AVENUE is 137m², which includes one extension, according to the EPC inspection conducted in July 2015. 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 FAIRBANK AVENUE lies on this distribution: 45% of detached houses houses are smaller than 3 FAIRBANK AVENUE, and 54% of houses are larger. Note that EPC data is not available for all properties in London.

3 FAIRBANK AVENUE: Plot and Title Map

3 FAIRBANK AVENUE sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of 3 FAIRBANK 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 3 FAIRBANK 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 3 FAIRBANK AVENUE?

3 FAIRBANK AVENUE is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 3 on FAIRBANK AVENUE.