64, HOMEMEAD ROAD, BROMLEY, BR2 8BA - £630,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

64 HOMEMEAD ROAD is a very small extended detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £737,240. It was last sold for £630,000 in August 2020, which was around 30% below the average August 2020 detached price in the Bromley local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

64 HOMEMEAD ROAD Sold Prices

Land registry data shows two sales for 64 HOMEMEAD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. Both of the two 64 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
2020 10 AUG	£630,000	£903,487	30% below HPI
2005 1 SEP	£312,000	£469,389	34% below HPI

64 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 two 64 HOMEMEAD ROAD sales from September 2005 and August 2020 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 2005 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2020 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 64 HOMEMEAD ROAD be worth now?

64 HOMEMEAD ROAD might now be worth an estimated £737,240.

This is based on house price inflation of 17%, between August 2020 and February 2025, for detached houses, in the Bromley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17% inflationary increase is applied to the most recent sale price for 64 HOMEMEAD ROAD of £630,000 on 10th August 2020. For the value to have increased from £630,000 to £737,240 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 64 HOMEMEAD ROAD has moved in line with the HPI for detached houses in the Bromley local authority area.
• The August 2020 sale price of £630,000 represented a fair market value for the property.
• The size, condition, and specification of 64 HOMEMEAD ROAD has not materially changed since August 2020.

How Large is 64 HOMEMEAD ROAD?

64 HOMEMEAD ROAD is 91m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 64 HOMEMEAD ROAD lies on this distribution: 14% of detached houses houses are smaller than 64 HOMEMEAD ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in London.

64 HOMEMEAD ROAD: Plot and Title Map

64 HOMEMEAD ROAD sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 64 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 64 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 64 HOMEMEAD ROAD?

64 HOMEMEAD ROAD is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 64 on HOMEMEAD ROAD.