53, OAKLEY DRIVE, BROMLEY, BR2 8PS - £607,500

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

53 OAKLEY DRIVE is a small extended detached house of 106m², built sometime between 1950 and 1966. It was last sold for £607,500 in August 2020, which was around 30% below the average August 2020 detached price in the Bromley local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

53 OAKLEY DRIVE Sold Prices

Land registry data shows two sales for 53 OAKLEY 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 53 OAKLEY 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
2020 26 AUG	£607,500	£867,166	30% below HPI
2002 15 AUG	£305,000	£390,960	22% below HPI

53 OAKLEY 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 53 OAKLEY DRIVE sales from August 2002 and August 2020 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 August 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 53 OAKLEY DRIVE?

53 OAKLEY DRIVE is 106m², which includes one extension, according to the EPC inspection conducted in February 2020. 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 53 OAKLEY DRIVE lies on this distribution: 24% of detached houses are smaller than 53 OAKLEY DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in London.

53 OAKLEY DRIVE: Plot and Title Map

53 OAKLEY DRIVE sits on a plot of roughly 0.152 of an acre, or 617m². The below map shows the location of 53 OAKLEY 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 53 OAKLEY 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 53 OAKLEY DRIVE?

53 OAKLEY DRIVE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 53 on OAKLEY DRIVE.