5, LETCHWORTH DRIVE, BROMLEY, BR2 9BA - £575,000

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 LETCHWORTH DRIVE is a small extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £575,000 in September 2018, which was around 36% below the average September 2018 detached price in the Bromley local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

5 LETCHWORTH DRIVE Sold Prices

Land registry data shows two sales for 5 LETCHWORTH 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 LETCHWORTH 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
2018 12 SEP	£575,000	£893,472	36% below HPI
2006 8 FEB	£288,000	£452,969	36% below HPI

5 LETCHWORTH 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 LETCHWORTH DRIVE sales from February 2006 and September 2018 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 February 2006 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2018 sale, which was also at 36% below the HPI.

How Large is 5 LETCHWORTH DRIVE?

5 LETCHWORTH DRIVE is 108m², which includes one extension, according to the EPC inspection conducted in August 2017. 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 5 LETCHWORTH DRIVE lies on this distribution: 25% of detached houses are smaller than 5 LETCHWORTH DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in London.

5 LETCHWORTH DRIVE: Plot and Title Map

5 LETCHWORTH DRIVE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 5 LETCHWORTH 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 LETCHWORTH 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 LETCHWORTH DRIVE?

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