328, SOUTHBOROUGH LANE, BROMLEY, BR2 8AA - £710,000

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

328 SOUTHBOROUGH LANE is a large extended detached house of 164m², built sometime between 1930 and 1949. It was last sold for £710,000 in January 2016, which was around 13% below the average January 2016 detached price in the Bromley local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was D.

328 SOUTHBOROUGH LANE Sold Prices

Land registry data shows six sales for 328 SOUTHBOROUGH LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the six 328 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
2016 7 JAN	£710,000	£817,974	13% below HPI
2003 9 OCT	£350,000	£433,668	19% below HPI
2001 23 JUL	£293,000	£333,313	12% below HPI
1999 24 SEP	£243,000	£264,760	8% below HPI
1997 7 JUL	£187,500	£196,099	4% below HPI
1995 29 SEP	£140,000	£166,481	16% below HPI

328 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 six 328 SOUTHBOROUGH LANE sales between September 1995 and January 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 October 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2016 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 328 SOUTHBOROUGH LANE?

328 SOUTHBOROUGH LANE is 164m², which includes two extensions, according to the EPC inspection conducted in August 2011. 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 328 SOUTHBOROUGH LANE lies on this distribution: 61% of detached houses are smaller than 328 SOUTHBOROUGH LANE, and 39% of houses are larger. Note that EPC data is not available for all properties in London.

328 SOUTHBOROUGH LANE: Plot and Title Map

328 SOUTHBOROUGH LANE sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of 328 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 328 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 328 SOUTHBOROUGH LANE?

328 SOUTHBOROUGH LANE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 328 on SOUTHBOROUGH LANE.