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
55 HOMESDALE ROAD is a small extended detached house of 117m², built sometime before 1900. It was last sold for £455,000 in March 2016, which was around 45% below the average March 2016 detached price in the Bromley local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows five sales for 55 HOMESDALE ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the five 55 HOMESDALE ROAD 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 |
---|---|---|---|
2016 22 MAR | £455,000 | £830,813 | 45% below HPI |
2002 16 OCT | £250,000 | £405,409 | 38% below HPI |
2001 25 MAY | £220,000 | £328,055 | 33% below HPI |
1999 11 JUN | £122,000 | £248,035 | 51% below HPI |
1998 24 APR | £47,500 | £217,344 | 78% below HPI |
The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The five 55 HOMESDALE ROAD sales between April 1998 and March 2016 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 October 2002 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2016 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.
55 HOMESDALE ROAD is 117m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 55 HOMESDALE ROAD lies on this distribution: 32% of detached houses are smaller than 55 HOMESDALE ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in London.
55 HOMESDALE ROAD sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 55 HOMESDALE 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 55 HOMESDALE 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.
55 HOMESDALE ROAD is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 55 on HOMESDALE ROAD.