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 THE GROVE is a very small detached house of 59m², built sometime between 1930 and 1949. It was last sold for £400,000 in August 2011, which was around 26% below the average August 2011 detached price in the Bromley local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was E.
Land registry data shows two sales for 5 THE GROVE since 1st 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 THE GROVE 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 |
---|---|---|---|
2011 19 AUG | £400,000 | £539,253 | 26% below HPI |
2004 16 DEC | £325,000 | £460,398 | 29% below HPI |
The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The two 5 THE GROVE sales from December 2004 and August 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 December 2004 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2011 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.
5 THE GROVE is 59m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% 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 THE GROVE lies on this distribution: 2% of detached houses are smaller than 5 THE GROVE, and 98% of houses are larger. Note that EPC data is not available for all properties in London.
5 THE GROVE sits on a plot of roughly 0.131 of an acre, or 528m². The below map shows the location of 5 THE GROVE, 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 THE GROVE). 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 THE GROVE is located in WEST WICKHAM, in the BR4 postcode district. The below map shows the position of No. 5 on THE GROVE.