41, HOMESTEAD ROAD, ORPINGTON, BR6 6HN - £1,500,000

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

41 HOMESTEAD ROAD is a very large extended detached house of 324m², built sometime between 1930 and 1949. It was last sold for £1,500,000 in August 2020, which was around 73% above the average August 2020 detached price in the Bromley local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was C.

41 HOMESTEAD ROAD Sold Prices

Land registry data shows two sales for 41 HOMESTEAD ROAD 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. Both of the two 41 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
2020 12 AUG	£1,500,000	£867,166	73% above HPI
1996 16 AUG	£345,000	£172,488	100% above HPI

41 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 two 41 HOMESTEAD ROAD sales from August 1996 and August 2020 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 August 1996 sale was for 100% above the HPI. So the extrapolation line tracks at 100% above the HPI over time, until the August 2020 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is 41 HOMESTEAD ROAD?

41 HOMESTEAD ROAD is 324m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 41 HOMESTEAD ROAD lies on this distribution: 93% of detached houses are smaller than 41 HOMESTEAD ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in London.

41 HOMESTEAD ROAD: Plot and Title Map

41 HOMESTEAD ROAD sits on a plot of roughly 1.0 acres, or 4,073m². The below map shows the location of 41 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 41 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 41 HOMESTEAD ROAD?

41 HOMESTEAD ROAD is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 41 on HOMESTEAD ROAD.