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 LONDON LANE is a small extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £700,000 in February 2022, which was around 29% below the average February 2022 detached price in the Bromley local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 43 LONDON 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 43 LONDON LANE sales were 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 4 FEB | £700,000 | £986,271 | 29% below HPI |
1999 4 JUN | £175,000 | £248,035 | 29% below HPI |
The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The two 43 LONDON LANE sales from June 1999 and February 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 June 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2022 sale, which was also at 29% below the HPI.
43 LONDON LANE is 125m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the smallest 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 43 LONDON LANE lies on this distribution: 38% of detached houses are smaller than 43 LONDON LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in London.
43 LONDON LANE sits on a plot of roughly 0.208 of an acre, or 842m². The below map shows the location of 43 LONDON 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 43 LONDON 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.
43 LONDON LANE is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 43 on LONDON LANE.