31, GREAT THRIFT, PETTS WOOD, ORPINGTON, BR5 1NE - £860,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

31 GREAT THRIFT is a large extended detached house of 217m², built sometime between 1930 and 1949. It was last sold for £860,000 in August 2013, which was around 44% above the average August 2013 detached price in the Bromley local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

31 GREAT THRIFT Sold Prices

Land registry data shows three sales for 31 GREAT THRIFT 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. All of the three 31 GREAT THRIFT sales were for above 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
2013 9 AUG	£860,000	£597,741	44% above HPI
2002 14 JUN	£450,000	£368,349	22% above HPI
1997 30 SEP	£285,000	£206,201	38% above HPI

31 GREAT THRIFT 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 31 GREAT THRIFT sales between September 1997 and August 2013 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 June 2002 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2013 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is 31 GREAT THRIFT?

31 GREAT THRIFT is 217m², which includes three extensions, according to the EPC inspection conducted in January 2013. This puts it in the largest 30% 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 GREAT THRIFT lies on this distribution: 79% of detached houses are smaller than 31 GREAT THRIFT, and 21% of houses are larger. Note that EPC data is not available for all properties in London.

31 GREAT THRIFT: Plot and Title Map

31 GREAT THRIFT sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of 31 GREAT THRIFT, 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 GREAT THRIFT). 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 GREAT THRIFT?

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