Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
48 CROFTON LANE is a large extended detached house of 175m², built sometime between 1967 and 1975. It was last sold for £1,027,250 in August 2019, which was around 18% above the average August 2019 detached price in the Bromley local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 48 CROFTON LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the three 48 CROFTON 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 |
---|---|---|---|
2019 22 AUG | £1,027,250 | £873,393 | 18% above HPI |
2007 19 JAN | £695,000 | £494,709 | 40% above HPI |
2002 22 NOV | £452,500 | £407,584 | 11% above HPI |
The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The three 48 CROFTON LANE sales between November 2002 and August 2019 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 January 2007 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the August 2019 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.
48 CROFTON LANE is 175m², which includes two extensions, according to the EPC inspection conducted in February 2018. 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 48 CROFTON LANE lies on this distribution: 66% of detached houses are smaller than 48 CROFTON LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in London.
48 CROFTON LANE sits on a plot of roughly 0.298 of an acre, or 1,206m². The below map shows the location of 48 CROFTON 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 48 CROFTON 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.
48 CROFTON LANE is located in ORPINGTON, in the BR5 postcode district. The below map shows the position of No. 48 on CROFTON LANE.