59, HOMEMEAD ROAD, BROMLEY, BR2 8AX - £350,000

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

59 HOMEMEAD ROAD is a small extended detached house of 113m², built sometime between 1950 and 1966. It was last sold for £350,000 in July 2009, which was around 27% below the average July 2009 detached price in the Bromley local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

59 HOMEMEAD ROAD Sold Prices

Land registry data shows three sales for 59 HOMEMEAD 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 59 HOMEMEAD 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
2009 23 JUL	£350,000	£479,566	27% below HPI
2003 10 JAN	£293,000	£415,600	29% below HPI
2000 26 MAY	£192,500	£306,657	37% below HPI

59 HOMEMEAD 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 59 HOMEMEAD ROAD sales between May 2000 and July 2009 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 January 2003 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2009 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 59 HOMEMEAD ROAD?

59 HOMEMEAD ROAD is 113m², which includes one extension, according to the EPC inspection conducted in October 2008. 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 59 HOMEMEAD ROAD lies on this distribution: 30% of detached houses are smaller than 59 HOMEMEAD ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in London.

59 HOMEMEAD ROAD: Plot and Title Map

59 HOMEMEAD ROAD sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 59 HOMEMEAD 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 59 HOMEMEAD 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 59 HOMEMEAD ROAD?

59 HOMEMEAD ROAD is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 59 on HOMEMEAD ROAD.