5, WELLS ROAD, BROMLEY, BR1 2AJ - £2,100,000

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 WELLS ROAD is a midsized extended detached house of 150m², built sometime between 1976 and 1982. It was last sold for £2,100,000 in March 2022, which was around 112% above the average March 2022 detached price in the Bromley local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was E.

5 WELLS ROAD Sold Prices

Land registry data shows four sales for 5 WELLS ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the four 5 WELLS ROAD sales 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
2022 30 MAR	£2,100,000	£992,508	112% above HPI
2016 29 MAR	£925,000	£830,813	11% above HPI
2010 3 SEP	£620,000	£550,080	13% above HPI
2006 22 MAY	£562,000	£459,704	22% above HPI

5 WELLS ROAD 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 four 5 WELLS ROAD sales between May 2006 and March 2022 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 March 2016 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2022 sale, where it rises to 112% above the HPI. The line then continues to track at 112% above the HPI.

How Large is 5 WELLS ROAD?

5 WELLS ROAD is 150m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the largest 50% 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 WELLS ROAD lies on this distribution: 54% of detached houses are smaller than 5 WELLS ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in London.

5 WELLS ROAD: Plot and Title Map

5 WELLS ROAD sits on a plot of roughly 0.172 of an acre, or 695m². The below map shows the location of 5 WELLS ROAD, 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 WELLS ROAD). 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 WELLS ROAD?

5 WELLS ROAD is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 5 on WELLS ROAD.