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 SHERLIES AVENUE is a very small extended detached house of 96m², built sometime between 1950 and 1966. It was last sold for £662,000 in October 2021, which was around 31% below the average October 2021 detached price in the Bromley local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 4 SHERLIES AVENUE 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. All of the three 4 SHERLIES AVENUE 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 |
---|---|---|---|
2021 18 OCT | £662,000 | £964,811 | 31% below HPI |
2019 31 OCT | £535,000 | £873,570 | 39% below HPI |
2006 23 NOV | £375,000 | £490,468 | 24% below 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 SHERLIES AVENUE sales between November 2006 and October 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 October 2019 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
4 SHERLIES AVENUE is 96m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 4 SHERLIES AVENUE lies on this distribution: 17% of detached houses are smaller than 4 SHERLIES AVENUE, and 83% of houses are larger. Note that EPC data is not available for all properties in London.
4 SHERLIES AVENUE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 4 SHERLIES AVENUE, 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 SHERLIES AVENUE). 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 SHERLIES AVENUE is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 4 on SHERLIES AVENUE.