38, HOMESTEAD ROAD, ORPINGTON, BR6 6HW - £1,780,000

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

38 HOMESTEAD ROAD is a very large detached house of 520m². It was last sold for £1,780,000 in December 2017, which was around 103% above the average December 2017 detached price in the Bromley local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was B.

38 HOMESTEAD ROAD Sold Prices

Land registry data shows three sales for 38 HOMESTEAD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the three 38 HOMESTEAD ROAD 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
2017 15 DEC	£1,780,000	£874,746	103% above HPI
2016 18 NOV	£910,000	£843,195	8% above HPI
1995 31 OCT	£225,000	£167,522	34% above HPI

38 HOMESTEAD ROAD 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 three 38 HOMESTEAD ROAD sales between October 1995 and December 2017 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 2016 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2017 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

How Large is 38 HOMESTEAD ROAD?

38 HOMESTEAD ROAD is 520m² according to the EPC inspection conducted in November 2017. This puts it in the largest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 38 HOMESTEAD ROAD lies on this distribution: 98% of detached houses are smaller than 38 HOMESTEAD ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in London.

38 HOMESTEAD ROAD: Plot and Title Map

38 HOMESTEAD ROAD sits on a plot of roughly 0.396 of an acre, or 1,602m². The below map shows the location of 38 HOMESTEAD ROAD, 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 38 HOMESTEAD ROAD). 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 38 HOMESTEAD ROAD?

38 HOMESTEAD ROAD is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 38 on HOMESTEAD ROAD.