3, FAIRFIELD ROAD, PETTS WOOD, ORPINGTON, BR5 1JR - £1,000,000

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

3 FAIRFIELD ROAD is a large extended detached house of 176m², built sometime between 1930 and 1949. It was last sold for £1,000,000 in December 2021, which was around 2% above the average December 2021 detached price in the Bromley local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

3 FAIRFIELD ROAD Sold Prices

Land registry data shows three sales for 3 FAIRFIELD ROAD 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. Two of the three 3 FAIRFIELD ROAD sales were for above the average price, whilst one was 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
2021 10 DEC	£1,000,000	£977,174	2% above HPI
2009 10 JUL	£575,000	£479,566	20% above HPI
1999 22 SEP	£197,500	£264,760	25% below HPI

3 FAIRFIELD ROAD 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 3 FAIRFIELD ROAD sales between September 1999 and December 2021 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 2009 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 3 FAIRFIELD ROAD?

3 FAIRFIELD ROAD is 176m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 3 FAIRFIELD ROAD lies on this distribution: 66% of detached houses are smaller than 3 FAIRFIELD ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in London.

3 FAIRFIELD ROAD: Plot and Title Map

3 FAIRFIELD ROAD sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 3 FAIRFIELD ROAD, 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 FAIRFIELD ROAD). 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 FAIRFIELD ROAD?

3 FAIRFIELD ROAD is located in PETTS WOOD, in the BR5 postcode district. The below map shows the position of No. 3 on FAIRFIELD ROAD.