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 WOOD LODGE LANE is a large extended detached house of 170m², built sometime between 1930 and 1949. It was last sold for £650,000 in May 2005, which was around 43% above the average May 2005 detached price in the Bromley local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 40 WOOD LODGE LANE since 1st 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. Both of the two 40 WOOD LODGE LANE 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 |
---|---|---|---|
2005 9 MAY | £650,000 | £454,337 | 43% above HPI |
2004 16 APR | £480,000 | £447,321 | 7% above HPI |
The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The two 40 WOOD LODGE LANE sales from April 2004 and May 2005 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 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2005 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.
40 WOOD LODGE LANE is 170m², which includes one extension, according to the EPC inspection conducted in May 2022. 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 WOOD LODGE LANE lies on this distribution: 64% of detached houses are smaller than 40 WOOD LODGE LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in London.
40 WOOD LODGE LANE sits on a plot of roughly 0.233 of an acre, or 942m². The below map shows the location of 40 WOOD LODGE LANE, 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 WOOD LODGE LANE). 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.
40 WOOD LODGE LANE is located in WEST WICKHAM, in the BR4 postcode district. The below map shows the position of No. 40 on WOOD LODGE LANE.