40, PARK ROAD, BECKENHAM, BR3 1QD - £1,780,000

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 PARK ROAD is a very large extended detached house of 240m², built sometime between 1950 and 1966. It was last sold for £1,780,000 in May 2022, which was around 77% above the average May 2022 detached price in the Bromley local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

40 PARK ROAD Sold Prices

Land registry data shows three sales for 40 PARK 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. Two of the three 40 PARK ROAD sales were for above the average price, whilst one 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
2022 20 MAY	£1,780,000	£1,005,545	77% above HPI
2021 30 NOV	£810,389	£970,486	16% below HPI
2009 16 DEC	£615,000	£502,375	22% above HPI

40 PARK 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 PARK ROAD sales between December 2009 and May 2022 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 November 2021 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2022 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is 40 PARK ROAD?

40 PARK ROAD is 240m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 20% of detached houses in Beckenham, based on EPC data. The below chart shows the distribution of detached houses by size in Beckenham, and where 40 PARK ROAD lies on this distribution: 81% of detached houses are smaller than 40 PARK ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Beckenham.

40 PARK ROAD: Plot and Title Map

40 PARK ROAD sits on a plot of roughly 0.258 of an acre, or 1,044m². The below map shows the location of 40 PARK 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 PARK 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 PARK ROAD?

40 PARK ROAD is located in BECKENHAM, in the BR3 postcode district. The below map shows the position of No. 40 on PARK ROAD.