3, WADE AVENUE, ORPINGTON, BR5 4EJ - £450,000

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 WADE AVENUE is a small extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £450,000 in January 2017, which was around 48% below the average January 2017 detached price in the Bromley local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

3 WADE AVENUE Sold Prices

Land registry data shows two sales for 3 WADE 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 WADE 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
2017 16 JAN	£450,000	£862,121	48% below HPI
1995 27 JAN	£112,000	£168,188	33% below HPI

3 WADE 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 WADE AVENUE sales from January 1995 and January 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 January 1995 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2017 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 3 WADE AVENUE?

3 WADE AVENUE is 104m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% of detached houses in Orpington, based on EPC data. The below chart shows the distribution of detached houses by size in Orpington, and where 3 WADE AVENUE lies on this distribution: 27% of detached houses are smaller than 3 WADE AVENUE, and 73% of houses are larger. Note that EPC data is not available for all properties in Orpington.

3 WADE AVENUE: Plot and Title Map

3 WADE AVENUE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 3 WADE 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 WADE 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 WADE AVENUE?

3 WADE AVENUE is located in ORPINGTON, in the BR5 postcode district. The below map shows the position of No. 3 on WADE AVENUE.