54, OAKLEY DRIVE, BROMLEY, BR2 8PT - £580,000

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

54 OAKLEY DRIVE is a very small detached house of 88m², built sometime between 1950 and 1966. It was last sold for £580,000 in July 2019, which was around 32% below the average July 2019 detached price in the Bromley local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

54 OAKLEY DRIVE Sold Prices

Land registry data shows four sales for 54 OAKLEY DRIVE 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 54 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
2019 1 JUL	£580,000	£856,168	32% below HPI
2011 11 NOV	£430,000	£557,312	23% below HPI
2010 10 SEP	£372,500	£550,080	32% below HPI
1996 8 NOV	£150,000	£176,130	15% below HPI

54 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 four 54 OAKLEY DRIVE sales between November 1996 and July 2019 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 November 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 54 OAKLEY DRIVE?

54 OAKLEY DRIVE is 88m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 54 OAKLEY DRIVE lies on this distribution: 12% of detached houses are smaller than 54 OAKLEY DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in London.

54 OAKLEY DRIVE: Plot and Title Map

54 OAKLEY DRIVE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 54 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 54 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 54 OAKLEY DRIVE?

54 OAKLEY DRIVE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 54 on OAKLEY DRIVE.