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
50 ELMSTEAD LANE is a large extended detached house of 202m², built sometime between 1950 and 1966. It was last sold for £1,580,000 in October 2022, which was around 50% above the average October 2022 detached price in the Bromley local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 50 ELMSTEAD LANE 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. One of the two 50 ELMSTEAD LANE sales was for above the average price, whilst the other 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 |
---|---|---|---|
2022 3 OCT | £1,580,000 | £1,056,069 | 50% above HPI |
2019 29 MAR | £815,000 | £868,105 | 6% 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 50 ELMSTEAD LANE sales from March 2019 and October 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 2019 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2022 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.
50 ELMSTEAD LANE is 202m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 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 50 ELMSTEAD LANE lies on this distribution: 75% of detached houses are smaller than 50 ELMSTEAD LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in London.
50 ELMSTEAD LANE sits on a plot of roughly 0.218 of an acre, or 882m². The below map shows the location of 50 ELMSTEAD LANE, 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 50 ELMSTEAD LANE). 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.
50 ELMSTEAD LANE is located in CHISLEHURST, in the BR7 postcode district. The below map shows the position of No. 50 on ELMSTEAD LANE.