48, WILLETT WAY, PETTS WOOD, ORPINGTON, BR5 1QD - £392,500

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 WILLETT WAY is a very small detached house of 94m², built sometime between 1930 and 1949. It was last sold for £392,500 in March 2004, which was around 12% below the average March 2004 detached price in the Bromley local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

48 WILLETT WAY Sold Prices

Land registry data shows two sales for 48 WILLETT WAY 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. One of the two 48 WILLETT WAY sales was for below the average price, whilst the other was roughly equal to 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
2004 5 MAR	£392,500	£445,585	12% below HPI
2002 3 MAY	£360,000	£360,554	Close to HPI

48 WILLETT WAY 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 48 WILLETT WAY sales from May 2002 and March 2004 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 May 2002 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2004 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 48 WILLETT WAY?

48 WILLETT WAY is 94m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% 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 WILLETT WAY lies on this distribution: 16% of detached houses are smaller than 48 WILLETT WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in London.

48 WILLETT WAY: Plot and Title Map

48 WILLETT WAY sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of 48 WILLETT WAY, 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 WILLETT WAY). 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 48 WILLETT WAY?

48 WILLETT WAY is located in PETTS WOOD, in the BR5 postcode district. The below map shows the position of No. 48 on WILLETT WAY.