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 HANLEY PLACE is a very small semi-detached house of 125m², built sometime between 1996 and 2002. It was last sold for £625,000 in May 2014, which was around 6% below the average May 2014 detached price in the Bromley local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 5 HANLEY PLACE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. One of the three 5 HANLEY PLACE sales was for below the average price, whilst two were for above 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 |
---|---|---|---|
2014 28 MAY | £625,000 | £662,552 | 6% below HPI |
1999 6 AUG | £290,000 | £258,373 | 12% above HPI |
1996 12 JUL | £181,000 | £170,499 | 6% above HPI |
The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The three 5 HANLEY PLACE sales between July 1996 and May 2014 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 1999 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2014 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.
5 HANLEY PLACE is 125m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in Beckenham, based on EPC data. The below chart shows the distribution of detached houses by size in Beckenham, and where 5 HANLEY PLACE lies on this distribution: 16% of detached houses are smaller than 5 HANLEY PLACE, and 84% of houses are larger. Note that EPC data is not available for all properties in Beckenham.
5 HANLEY PLACE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 5 HANLEY PLACE, 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 HANLEY PLACE). 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.
5 HANLEY PLACE is located in BECKENHAM, in the BR3 postcode district. The below map shows the position of No. 5 on HANLEY PLACE.