38, PETTS WOOD ROAD, PETTS WOOD, ORPINGTON, BR5 1LB - £1,120,000

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 PETTS WOOD ROAD is a large extended detached house of 186m², built sometime between 1900 and 1929. It was last sold for £1,120,000 in May 2023, which was around 10% above the average May 2023 detached price in the Bromley local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

38 PETTS WOOD ROAD Sold Prices

Land registry data shows two sales for 38 PETTS WOOD 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. One of the two 38 PETTS WOOD ROAD sales was for above the average price, whilst the other was 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
2023 16 MAY	£1,120,000	£1,016,260	10% above HPI
2017 26 SEP	£685,000	£869,823	21% below HPI

38 PETTS WOOD 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 PETTS WOOD ROAD sales from September 2017 and May 2023 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 September 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2023 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 38 PETTS WOOD ROAD?

38 PETTS WOOD ROAD is 186m², which includes three extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 30% 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 PETTS WOOD ROAD lies on this distribution: 70% of detached houses are smaller than 38 PETTS WOOD ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in London.

38 PETTS WOOD ROAD: Plot and Title Map

38 PETTS WOOD ROAD sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 38 PETTS WOOD 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 PETTS WOOD 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 PETTS WOOD ROAD?

38 PETTS WOOD ROAD is located in PETTS WOOD, in the BR5 postcode district. The below map shows the position of No. 38 on PETTS WOOD ROAD.