359, SOUTHBOROUGH LANE, BROMLEY, BR2 8BQ - £699,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

359 SOUTHBOROUGH LANE is a large semi-detached house of 188m², which could now be worth an estimated £838,586. It was last sold for £699,000 in August 2016, which was around 29% above the average August 2016 semi-detached price in the Bromley local authority area. The most recent EPC inspection was October 2011, where the current energy rating was B, and the potential energy rating was B.

359 SOUTHBOROUGH LANE Sold Prices

Land registry data shows four sales for 359 SOUTHBOROUGH LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Bromley local authority area for the corresponding sale date. All of the four 359 SOUTHBOROUGH 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 11 AUG	£699,000	£540,268	29% above HPI
2012 13 JAN	£440,000	£335,432	31% above HPI
2010 1 OCT	£385,000	£334,498	15% above HPI
2002 11 OCT	£250,000	£240,135	4% above HPI

359 SOUTHBOROUGH LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bromley local authority area over time, sourced from the HPI. The four 359 SOUTHBOROUGH LANE sales between October 2002 and August 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 January 2012 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the August 2016 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 359 SOUTHBOROUGH LANE be worth now?

359 SOUTHBOROUGH LANE might now be worth an estimated £838,586.

This is based on house price inflation of 20%, between August 2016 and February 2025, for semi-detached houses, in the Bromley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20% inflationary increase is applied to the most recent sale price for 359 SOUTHBOROUGH LANE of £699,000 on 11th August 2016. For the value to have increased from £699,000 to £838,586 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 359 SOUTHBOROUGH LANE has moved in line with the HPI for semi-detached houses in the Bromley local authority area.
• The August 2016 sale price of £699,000 represented a fair market value for the property.
• The size, condition, and specification of 359 SOUTHBOROUGH LANE has not materially changed since August 2016.

How Large is 359 SOUTHBOROUGH LANE?

359 SOUTHBOROUGH LANE is 188m² according to the EPC inspection conducted in October 2011. This puts it in the largest 30% of semi-detached houses houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in London, and where 359 SOUTHBOROUGH LANE lies on this distribution: 70% of semi-detached houses houses are smaller than 359 SOUTHBOROUGH LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in London.

359 SOUTHBOROUGH LANE: Plot and Title Map

359 SOUTHBOROUGH LANE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 359 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 359 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 359 SOUTHBOROUGH LANE?

359 SOUTHBOROUGH LANE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 359 on SOUTHBOROUGH LANE.