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
63 LANCING ROAD is a small extended detached house of 116m², built sometime between 1930 and 1949. It was last sold for £475,000 in August 2012, which was around 16% below the average August 2012 detached price in the Bromley local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 63 LANCING ROAD since 1st 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 63 LANCING 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 |
---|---|---|---|
2012 24 AUG | £475,000 | £566,660 | 16% below HPI |
2003 19 SEP | £352,000 | £431,511 | 18% below HPI |
1996 26 JUL | £99,500 | £170,499 | 42% below HPI |
The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The three 63 LANCING ROAD sales between July 1996 and August 2012 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 September 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2012 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.
63 LANCING ROAD is 116m², which includes two extensions, according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of detached houses in Orpington, based on EPC data. The below chart shows the distribution of detached houses by size in Orpington, and where 63 LANCING ROAD lies on this distribution: 37% of detached houses are smaller than 63 LANCING ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Orpington.
63 LANCING ROAD sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 63 LANCING 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 63 LANCING 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.
63 LANCING ROAD is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 63 on LANCING ROAD.