321, SOUTHBOROUGH LANE, BROMLEY, BR2 8BG - £685,000

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

321 SOUTHBOROUGH LANE is a large detached house of 165m², built sometime between 1930 and 1949. It was last sold for £685,000 in October 2014, which was around 7% below the average October 2014 detached price in the Bromley local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

321 SOUTHBOROUGH LANE Sold Prices

Land registry data shows two sales for 321 SOUTHBOROUGH 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 321 SOUTHBOROUGH LANE 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
2014 17 OCT	£685,000	£734,454	7% below HPI
2002 4 JUL	£230,000	£379,838	39% below HPI

321 SOUTHBOROUGH 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 321 SOUTHBOROUGH LANE sales from July 2002 and October 2014 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 July 2002 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2014 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 321 SOUTHBOROUGH LANE?

321 SOUTHBOROUGH LANE is 165m² according to the EPC inspection conducted in March 2024. This puts it in the largest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 321 SOUTHBOROUGH LANE lies on this distribution: 61% of detached houses are smaller than 321 SOUTHBOROUGH LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in London.

321 SOUTHBOROUGH LANE: Plot and Title Map

321 SOUTHBOROUGH LANE sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of 321 SOUTHBOROUGH 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 321 SOUTHBOROUGH 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 321 SOUTHBOROUGH LANE?

321 SOUTHBOROUGH LANE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 321 on SOUTHBOROUGH LANE.