55, PORTLAND ROAD, BROMLEY, BR1 5BB - £587,500

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

55 PORTLAND ROAD is a very small extended detached house of 89m², built sometime between 1930 and 1949. It was last sold for £587,500 in November 2023, which was around 41% below the average November 2023 detached price in the Bromley local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

55 PORTLAND ROAD Sold Prices

Land registry data shows three sales for 55 PORTLAND ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the three 55 PORTLAND 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
2023 17 NOV	£587,500	£998,963	41% below HPI
2006 21 JUL	£284,500	£470,304	40% below HPI
2002 6 SEP	£220,000	£401,581	45% below HPI

55 PORTLAND 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 three 55 PORTLAND ROAD sales between September 2002 and November 2023 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 July 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2023 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 55 PORTLAND ROAD?

55 PORTLAND ROAD is 89m², which includes one extension, according to the EPC inspection conducted in August 2014. 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 55 PORTLAND ROAD lies on this distribution: 13% of detached houses are smaller than 55 PORTLAND ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in London.

55 PORTLAND ROAD: Plot and Title Map

55 PORTLAND ROAD sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 55 PORTLAND 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 PORTLAND 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 55 PORTLAND ROAD?

55 PORTLAND ROAD is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 55 on PORTLAND ROAD.