6, MARSDEN WAY, ORPINGTON, BR6 9TX - £505,000

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

6 MARSDEN WAY is a very small detached house of 55m², built sometime between 1976 and 1982. It was last sold for £505,000 in November 2022, which was around 52% below the average November 2022 detached price in the Bromley local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

6 MARSDEN WAY Sold Prices

Land registry data shows three sales for 6 MARSDEN WAY 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 6 MARSDEN WAY 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
2022 17 NOV	£505,000	£1,059,438	52% below HPI
2014 14 MAR	£305,000	£631,251	52% below HPI
1995 14 AUG	£90,000	£166,882	46% below HPI

6 MARSDEN WAY 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 6 MARSDEN WAY sales between August 1995 and November 2022 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 March 2014 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the November 2022 sale, which was also at 52% below the HPI.

How Large is 6 MARSDEN WAY?

6 MARSDEN WAY is 55m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses in Orpington, based on EPC data. The below chart shows the distribution of detached houses by size in Orpington, and where 6 MARSDEN WAY lies on this distribution: 1% of detached houses are smaller than 6 MARSDEN WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Orpington.

6 MARSDEN WAY: Plot and Title Map

6 MARSDEN WAY sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 6 MARSDEN WAY, 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 6 MARSDEN WAY). 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 6 MARSDEN WAY?

6 MARSDEN WAY is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 6 on MARSDEN WAY.