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

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

64 HOMEMEAD ROAD is a very small extended detached house of 91m², built sometime between 1950 and 1966. It was last sold for £630,000 in August 2020, which was around 27% 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	£867,166	27% below HPI
2005 1 SEP	£312,000	£450,519	31% 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2020 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

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 in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 64 HOMEMEAD ROAD lies on this distribution: 14% of detached 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.