5, FOREST WAY, ORPINGTON, BR5 2AG - £260,000

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

5 FOREST WAY is a very small extended detached house of 69m², built sometime between 1930 and 1949. It was last sold for £260,000 in November 2010, which was around 53% below the average November 2010 detached price in the Bromley local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

5 FOREST WAY Sold Prices

Land registry data shows two sales for 5 FOREST 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. Both of the two 5 FOREST WAY 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
2010 12 NOV	£260,000	£547,838	53% below HPI
1999 24 MAR	£130,000	£234,473	45% below HPI

5 FOREST 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 5 FOREST WAY sales from March 1999 and November 2010 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 March 1999 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2010 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 5 FOREST WAY?

5 FOREST WAY is 69m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of detached houses in Orpington, based on EPC data. The below chart shows the distribution of detached houses by size in Orpington, and where 5 FOREST WAY lies on this distribution: 4% of detached houses are smaller than 5 FOREST WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Orpington.

5 FOREST WAY: Plot and Title Map

5 FOREST WAY sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 5 FOREST 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 5 FOREST 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 5 FOREST WAY?

5 FOREST WAY is located in ORPINGTON, in the BR5 postcode district. The below map shows the position of No. 5 on FOREST WAY.