3, VALAN LEAS, BROMLEY, BR2 0PE - £677,000

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 VALAN LEAS is a small extended detached house of 130m², built sometime between 1976 and 1982, which could now be worth an estimated £793,313. It was last sold for £677,000 in August 2017, which was around 25% below the average August 2017 detached price in the Bromley local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

3 VALAN LEAS Sold Prices

Land registry data shows two sales for 3 VALAN LEAS 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 VALAN LEAS 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
2017 18 AUG	£677,000	£902,265	25% below HPI
1998 9 OCT	£215,000	£245,744	13% below HPI

3 VALAN LEAS 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 VALAN LEAS sales from October 1998 and August 2017 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 October 1998 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2017 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 3 VALAN LEAS be worth now?

3 VALAN LEAS might now be worth an estimated £793,313.

This is based on house price inflation of 17.2%, between August 2017 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 17.2% inflationary increase is applied to the most recent sale price for 3 VALAN LEAS of £677,000 on 18th August 2017. For the value to have increased from £677,000 to £793,313 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 3 VALAN LEAS has moved in line with the HPI for detached houses in the Bromley local authority area.
• The August 2017 sale price of £677,000 represented a fair market value for the property.
• The size, condition, and specification of 3 VALAN LEAS has not materially changed since August 2017.

How Large is 3 VALAN LEAS?

3 VALAN LEAS is 130m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% of detached houses houses in Bromley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromley, and where 3 VALAN LEAS lies on this distribution: 27% of detached houses houses are smaller than 3 VALAN LEAS, and 73% of houses are larger. Note that EPC data is not available for all properties in Bromley.

3 VALAN LEAS: Plot and Title Map

3 VALAN LEAS sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 3 VALAN LEAS, 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 VALAN LEAS). 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 VALAN LEAS?

3 VALAN LEAS is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 3 on VALAN LEAS.