43, HOMESTEAD ROAD, ORPINGTON, BR6 6HN - £1,620,000

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

43 HOMESTEAD ROAD is a very large extended detached house of 291m², built sometime between 1991 and 1995. It was last sold for £1,620,000 in November 2020, which was around 80% above the average November 2020 detached price in the Bromley local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.

43 HOMESTEAD ROAD Sold Prices

Land registry data shows two sales for 43 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 43 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 18 NOV	£1,620,000	£900,704	80% above HPI
1997 12 SEP	£420,000	£206,201	104% above HPI

43 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 43 HOMESTEAD ROAD sales from September 1997 and November 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 September 1997 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the November 2020 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is 43 HOMESTEAD ROAD?

43 HOMESTEAD ROAD is 291m², which includes one extension, according to the EPC inspection conducted in August 2020. 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 43 HOMESTEAD ROAD lies on this distribution: 90% of detached houses are smaller than 43 HOMESTEAD ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in London.

43 HOMESTEAD ROAD: Plot and Title Map

43 HOMESTEAD ROAD sits on a plot of roughly 0.880 of an acre, or 3,563m². The below map shows the location of 43 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 43 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 43 HOMESTEAD ROAD?

43 HOMESTEAD ROAD is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 43 on HOMESTEAD ROAD.