32, GEORGE LANE, BROMLEY, BR2 7LQ - £980,000

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

32 GEORGE LANE is a midsized extended detached house of 148m², built sometime between 1950 and 1966. It was last sold for £980,000 in October 2016, which was around 16% above the average October 2016 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.

32 GEORGE LANE Sold Prices

Land registry data shows two sales for 32 GEORGE LANE 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 32 GEORGE LANE 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
2016 12 OCT	£980,000	£845,135	16% above HPI
1997 19 MAY	£290,000	£187,020	55% above HPI

32 GEORGE LANE 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 32 GEORGE LANE sales from May 1997 and October 2016 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 May 1997 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the October 2016 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 32 GEORGE LANE?

32 GEORGE LANE is 148m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 32 GEORGE LANE lies on this distribution: 52% of detached houses are smaller than 32 GEORGE LANE, and 47% of houses are larger. Note that EPC data is not available for all properties in London.

32 GEORGE LANE: Plot and Title Map

32 GEORGE LANE sits on a plot of roughly 0.232 of an acre, or 940m². The below map shows the location of 32 GEORGE LANE, 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 32 GEORGE LANE). 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 32 GEORGE LANE?

32 GEORGE LANE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 32 on GEORGE LANE.