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 ROMANY RISE is a large extended detached house of 177m², built sometime between 1930 and 1949. It was last sold for £620,000 in October 2011, which was around 12% above the average October 2011 detached price in the Bromley local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 5 ROMANY RISE 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. Two of the three 5 ROMANY RISE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2011 7 OCT | £620,000 | £555,521 | 12% above HPI |
2007 26 JUL | £625,000 | £527,210 | 19% above HPI |
2001 30 AUG | £295,000 | £341,265 | 14% below 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 ROMANY RISE sales between August 2001 and October 2011 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 2007 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2011 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.
5 ROMANY RISE is 177m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the largest 40% 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 ROMANY RISE lies on this distribution: 67% of detached houses are smaller than 5 ROMANY RISE, and 33% of houses are larger. Note that EPC data is not available for all properties in London.
5 ROMANY RISE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 5 ROMANY RISE, 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 ROMANY RISE). 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 ROMANY RISE is located in ORPINGTON, in the BR5 postcode district. The below map shows the position of No. 5 on ROMANY RISE.