31, FAIRFIELD ROAD, PETTS WOOD, ORPINGTON, BR5 1JR - £415,000

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

31 FAIRFIELD ROAD is a very small detached house of 83m², built sometime between 1983 and 1990. It was last sold for £415,000 in May 2011, which was around 25% below the average May 2011 detached price in the Bromley local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

31 FAIRFIELD ROAD Sold Prices

Land registry data shows four sales for 31 FAIRFIELD ROAD 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. All of the four 31 FAIRFIELD ROAD 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
2011 20 MAY	£415,000	£552,387	25% below HPI
2006 22 FEB	£315,000	£452,969	30% below HPI
2005 8 JUL	£325,000	£452,234	28% below HPI
2004 16 JUL	£335,000	£439,593	24% below HPI

31 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 four 31 FAIRFIELD ROAD sales between July 2004 and May 2011 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 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2011 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 31 FAIRFIELD ROAD?

31 FAIRFIELD ROAD is 83m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 31 FAIRFIELD ROAD lies on this distribution: 10% of detached houses are smaller than 31 FAIRFIELD ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in London.

31 FAIRFIELD ROAD: Plot and Title Map

31 FAIRFIELD ROAD sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 31 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 31 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 31 FAIRFIELD ROAD?

31 FAIRFIELD ROAD is located in PETTS WOOD, in the BR5 postcode district. The below map shows the position of No. 31 on FAIRFIELD ROAD.