47, HOMESTEAD ROAD, ORPINGTON, BR6 6HN - £2,430,000

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

47 HOMESTEAD ROAD is a very large extended detached house of 389m², built sometime between 1967 and 1975. It was last sold for £2,430,000 in May 2021, which was around 166% above the average May 2021 detached price in the Bromley local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

47 HOMESTEAD ROAD Sold Prices

Land registry data shows two sales for 47 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 47 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
2021 28 MAY	£2,430,000	£914,465	166% above HPI
2014 12 DEC	£1,630,000	£735,589	122% above HPI

47 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 47 HOMESTEAD ROAD sales from December 2014 and May 2021 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 December 2014 sale was for 122% above the HPI. So the extrapolation line tracks at 122% above the HPI over time, until the May 2021 sale, where it rises to 166% above the HPI. The line then continues to track at 166% above the HPI.

How Large is 47 HOMESTEAD ROAD?

47 HOMESTEAD ROAD is 389m², which includes two extensions, according to the EPC inspection conducted in October 2017. 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 47 HOMESTEAD ROAD lies on this distribution: 96% of detached houses are smaller than 47 HOMESTEAD ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in London.

47 HOMESTEAD ROAD: Plot and Title Map

47 HOMESTEAD ROAD sits on a plot of roughly 1.1 acres, or 4,342m². The below map shows the location of 47 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 47 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 47 HOMESTEAD ROAD?

47 HOMESTEAD ROAD is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 47 on HOMESTEAD ROAD.