40, HOMESTEAD ROAD, ORPINGTON, BR6 6HW - £990,000

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

40 HOMESTEAD ROAD is a large detached house of 164m², built sometime between 1967 and 1975. It was last sold for £990,000 in February 2017, which was around 15% above the average February 2017 detached price in the Bromley local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

40 HOMESTEAD ROAD Sold Prices

Land registry data shows three sales for 40 HOMESTEAD ROAD since 1^st 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 40 HOMESTEAD ROAD sales were 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
2017 21 FEB	£990,000	£857,898	15% above HPI
2011 1 JUN	£852,000	£542,986	57% above HPI
2002 23 AUG	£470,000	£390,960	20% above HPI

40 HOMESTEAD 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 three 40 HOMESTEAD ROAD sales between August 2002 and February 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 2011 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the February 2017 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 40 HOMESTEAD ROAD?

40 HOMESTEAD ROAD is 164m² according to the EPC inspection conducted in May 2023. This puts it in the largest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 40 HOMESTEAD ROAD lies on this distribution: 61% of detached houses are smaller than 40 HOMESTEAD ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in London.

40 HOMESTEAD ROAD: Plot and Title Map

40 HOMESTEAD ROAD sits on a plot of roughly 0.286 of an acre, or 1,159m². The below map shows the location of 40 HOMESTEAD 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 40 HOMESTEAD 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 40 HOMESTEAD ROAD?

40 HOMESTEAD ROAD is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 40 on HOMESTEAD ROAD.