4, IRVINE WAY, ORPINGTON, BR6 0AX - £870,000

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

4 IRVINE WAY is a large extended detached house of 165m², built sometime between 1930 and 1949. It was last sold for £870,000 in June 2017, which was about the average June 2017 detached price in the Bromley local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

4 IRVINE WAY Sold Prices

Land registry data shows two sales for 4 IRVINE WAY 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 4 IRVINE WAY sales was roughly equal to 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
2017 30 JUN	£870,000	£866,817	Close to HPI
2016 19 MAY	£560,000	£834,740	33% below HPI

4 IRVINE WAY 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 4 IRVINE WAY sales from May 2016 and June 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 May 2016 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2017 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 4 IRVINE WAY?

4 IRVINE WAY is 165m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 30% 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 IRVINE WAY lies on this distribution: 74% of detached houses are smaller than 4 IRVINE WAY, and 25% of houses are larger. Note that EPC data is not available for all properties in Orpington.

4 IRVINE WAY: Plot and Title Map

4 IRVINE WAY sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of 4 IRVINE WAY, 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 IRVINE WAY). 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 4 IRVINE WAY?

4 IRVINE WAY is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 4 on IRVINE WAY.