38, LANCING ROAD, ORPINGTON, BR6 0QT - £610,000

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 LANCING ROAD is a very small detached house of 96m², built sometime between 1930 and 1949. It was last sold for £610,000 in July 2017, which was around 30% below the average July 2017 detached price in the Bromley local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was B.

38 LANCING ROAD Sold Prices

Land registry data shows two sales for 38 LANCING ROAD 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 38 LANCING ROAD 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
2017 10 JUL	£610,000	£865,799	30% below HPI
2006 29 JUN	£335,000	£463,950	28% below HPI

38 LANCING 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 two 38 LANCING ROAD sales from June 2006 and July 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 June 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 38 LANCING ROAD?

38 LANCING ROAD is 96m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of detached houses in Orpington, based on EPC data. The below chart shows the distribution of detached houses by size in Orpington, and where 38 LANCING ROAD lies on this distribution: 20% of detached houses are smaller than 38 LANCING ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Orpington.

38 LANCING ROAD: Plot and Title Map

38 LANCING ROAD sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 38 LANCING 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 LANCING 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 LANCING ROAD?

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