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
4 CORN MILL DRIVE is a very large extended detached house of 188m², built sometime between 1950 and 1966. It was last sold for £850,000 in August 2021, which was around 10% below the average August 2021 detached price in the Bromley local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 4 CORN MILL DRIVE since 1st 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. Two of the three 4 CORN MILL DRIVE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2021 6 AUG | £850,000 | £946,086 | 10% below HPI |
2008 16 APR | £475,000 | £549,350 | 14% below HPI |
1999 16 APR | £280,000 | £238,948 | 17% above HPI |
The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The three 4 CORN MILL DRIVE sales between April 1999 and August 2021 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 April 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
4 CORN MILL DRIVE is 188m², which includes two extensions, according to the EPC inspection conducted in April 2021. This puts it in the largest 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 4 CORN MILL DRIVE lies on this distribution: 85% of detached houses are smaller than 4 CORN MILL DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Orpington.
4 CORN MILL DRIVE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 4 CORN MILL DRIVE, 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 4 CORN MILL DRIVE). 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.
4 CORN MILL DRIVE is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 4 on CORN MILL DRIVE.