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
48 THE GROVE is a very large extended detached house of 169m², built sometime between 1983 and 1990. It was last sold for £722,500 in August 2020, which was around 17% below the average August 2020 detached price in the Bromley local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 48 THE GROVE 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 48 THE GROVE 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 |
---|---|---|---|
2020 14 AUG | £722,500 | £867,166 | 17% below HPI |
2016 29 JAN | £465,000 | £817,974 | 43% 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 48 THE GROVE sales from January 2016 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 January 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
48 THE GROVE is 169m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the largest 20% of detached houses in Biggin Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Biggin Hill, and where 48 THE GROVE lies on this distribution: 89% of detached houses are smaller than 48 THE GROVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Biggin Hill.
48 THE GROVE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 48 THE GROVE, 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 THE GROVE). 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 THE GROVE is located in BIGGIN HILL, in the TN16 postcode district. The below map shows the position of No. 48 on THE GROVE.