49, OAKLEY DRIVE, BROMLEY, BR2 8PS - £635,000

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 OAKLEY DRIVE is a small extended detached house of 113m², built sometime between 1950 and 1966. It was last sold for £635,000 in May 2020, which was around 26% below the average May 2020 detached price in the Bromley local authority area. The most recent EPC inspection was October 2016, where the current energy rating was F, and the potential energy rating was B.

49 OAKLEY DRIVE Sold Prices

Land registry data shows two sales for 49 OAKLEY DRIVE 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 OAKLEY DRIVE 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 7 MAY	£635,000	£855,729	26% below HPI
2017 11 AUG	£535,000	£865,993	38% below HPI

49 OAKLEY DRIVE 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 OAKLEY DRIVE sales from August 2017 and May 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 August 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2020 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 49 OAKLEY DRIVE?

49 OAKLEY DRIVE is 113m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 30% 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 OAKLEY DRIVE lies on this distribution: 29% of detached houses are smaller than 49 OAKLEY DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in London.

49 OAKLEY DRIVE: Plot and Title Map

49 OAKLEY DRIVE sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 49 OAKLEY DRIVE, 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 OAKLEY DRIVE). 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 OAKLEY DRIVE?

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