36, FAIRBANK AVENUE, ORPINGTON, BR6 8JZ - £469,000

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

36 FAIRBANK AVENUE is a very small detached house of 93m², built sometime between 1950 and 1966. It was last sold for £469,000 in March 2014, which was around 26% below the average March 2014 detached price in the Bromley local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

36 FAIRBANK AVENUE Sold Prices

Land registry data shows two sales for 36 FAIRBANK AVENUE 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 36 FAIRBANK AVENUE 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 13 MAR	£469,000	£631,251	26% below HPI
2011 22 NOV	£370,000	£557,312	34% below HPI

36 FAIRBANK AVENUE 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 36 FAIRBANK AVENUE sales from November 2011 and March 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 November 2011 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2014 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 36 FAIRBANK AVENUE?

36 FAIRBANK AVENUE is 93m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 36 FAIRBANK AVENUE lies on this distribution: 15% of detached houses are smaller than 36 FAIRBANK AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in London.

36 FAIRBANK AVENUE: Plot and Title Map

36 FAIRBANK AVENUE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 36 FAIRBANK AVENUE, 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 36 FAIRBANK AVENUE). 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 36 FAIRBANK AVENUE?

36 FAIRBANK AVENUE is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 36 on FAIRBANK AVENUE.