6, THE DRIFT, BROMLEY, BR2 8HL - £760,000

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

6 THE DRIFT is a small extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £760,000 in January 2024, which was around 23% below the average January 2024 detached price in the Bromley local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

6 THE DRIFT Sold Prices

Land registry data shows five sales for 6 THE DRIFT since 1^st 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 6 THE DRIFT 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
2024 3 JAN	£760,000	£991,907	23% below HPI
2017 15 DEC	£600,000	£874,746	31% below HPI
2012 6 NOV	£425,000	£564,948	25% below HPI
2001 31 OCT	£275,000	£354,547	22% below HPI
1997 21 NOV	£165,000	£210,847	22% below HPI

6 THE DRIFT 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 five 6 THE DRIFT sales between November 1997 and January 2024 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 December 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2024 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 6 THE DRIFT?

6 THE DRIFT is 110m², which includes one extension, according to the EPC inspection conducted in February 2022. 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 6 THE DRIFT lies on this distribution: 27% of detached houses are smaller than 6 THE DRIFT, and 72% of houses are larger. Note that EPC data is not available for all properties in London.

6 THE DRIFT: Plot and Title Map

6 THE DRIFT sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of 6 THE DRIFT, 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 THE DRIFT). 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 THE DRIFT?

6 THE DRIFT is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 6 on THE DRIFT.