5, GRAVEL ROAD, BROMLEY, BR2 8PE - £685,000

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

5 GRAVEL ROAD is a midsized extended detached house of 151m², built sometime between 1900 and 1929. It was last sold for £685,000 in October 2016, which was around 19% below the average October 2016 detached price in the Bromley local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

5 GRAVEL ROAD Sold Prices

Land registry data shows two sales for 5 GRAVEL 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 5 GRAVEL 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
2016 21 OCT	£685,000	£845,135	19% below HPI
1999 12 JUL	£153,000	£252,891	39% below HPI

5 GRAVEL 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 5 GRAVEL ROAD sales from July 1999 and October 2016 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 July 1999 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2016 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 5 GRAVEL ROAD?

5 GRAVEL ROAD is 151m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 5 GRAVEL ROAD lies on this distribution: 54% of detached houses are smaller than 5 GRAVEL ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in London.

5 GRAVEL ROAD: Plot and Title Map

5 GRAVEL ROAD sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 5 GRAVEL 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 5 GRAVEL 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 5 GRAVEL ROAD?

5 GRAVEL ROAD is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 5 on GRAVEL ROAD.