5, HANOVER DRIVE, CHISLEHURST, BR7 6TA - £650,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 HANOVER DRIVE is a very small detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £784,698. It was last sold for £650,000 in May 2016, which was around 25% below the average May 2016 detached price in the Bromley local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

5 HANOVER DRIVE Sold Prices

Land registry data shows two sales for 5 HANOVER 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 5 HANOVER 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
2016 25 MAY	£650,000	£869,703	25% below HPI
2012 6 DEC	£420,000	£594,266	29% below HPI

5 HANOVER 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 5 HANOVER DRIVE sales from December 2012 and May 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 December 2012 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2016 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 5 HANOVER DRIVE be worth now?

5 HANOVER DRIVE might now be worth an estimated £784,698.

This is based on house price inflation of 20.7%, between May 2016 and December 2024, for detached houses, in the Bromley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.7% inflationary increase is applied to the most recent sale price for 5 HANOVER DRIVE of £650,000 on 25th May 2016. For the value to have increased from £650,000 to £784,698 over the seven years and five months to December 2024, the following assumptions must hold true:

• The value of 5 HANOVER DRIVE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The May 2016 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HANOVER DRIVE has not materially changed since May 2016.

How Large is 5 HANOVER DRIVE?

5 HANOVER DRIVE is 98m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses houses in Chislehurst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chislehurst, and where 5 HANOVER DRIVE lies on this distribution: 6% of detached houses houses are smaller than 5 HANOVER DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Chislehurst.

5 HANOVER DRIVE: Plot and Title Map

5 HANOVER DRIVE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 5 HANOVER 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 5 HANOVER 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 5 HANOVER DRIVE?

5 HANOVER DRIVE is located in CHISLEHURST, in the BR7 postcode district. The below map shows the position of No. 5 on HANOVER DRIVE.