49, HOMEMEAD ROAD, BROMLEY, BR2 8AX - £650,000

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

49 HOMEMEAD ROAD is a very small detached house of 95m², built sometime between 1950 and 1966. It was last sold for £650,000 in April 2019, which was around 24% below the average April 2019 detached price in the Bromley local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

49 HOMEMEAD ROAD Sold Prices

Land registry data shows two sales for 49 HOMEMEAD 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 49 HOMEMEAD ROAD 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
2019 10 APR	£650,000	£856,906	24% below HPI
2004 2 JUN	£320,000	£438,899	27% below HPI

49 HOMEMEAD 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 49 HOMEMEAD ROAD sales from June 2004 and April 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 June 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2019 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 49 HOMEMEAD ROAD?

49 HOMEMEAD ROAD is 95m² according to the EPC inspection conducted in April 2017. 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 49 HOMEMEAD ROAD lies on this distribution: 16% of detached houses are smaller than 49 HOMEMEAD ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in London.

49 HOMEMEAD ROAD: Plot and Title Map

49 HOMEMEAD ROAD sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 49 HOMEMEAD 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 49 HOMEMEAD 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 49 HOMEMEAD ROAD?

49 HOMEMEAD ROAD is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 49 on HOMEMEAD ROAD.